Entegris Acquires MPD Chemicals

Entegris Acquires CMC Materials

December 15, 2021

Manufacturing

Entegris agreed to acquire CMC Materials in a cash-and-stock transaction valued at an enterprise value of approximately $6.5 billion; at close the total purchase price (including debt retired and cash assumed) was approximately $5.7 billion. The acquisition brings CMC's CMP slurries, pads and related specialty materials into Entegris' portfolio to create a broader end-to-end electronic materials offering; CMC Materials has become a wholly owned subsidiary headquartered in Aurora, Illinois.

ORG Chem Group Acquires MPR Services

August 8, 2021

Industrial Services

ORG Chem Group LLC, a portfolio company of Owner Resource Group LLC, acquired substantially all of the assets of MPR Services, Inc., expanding Chem Group's presence in amines reclamation and introducing onsite reclamation capabilities via mobile and permanent units. The combined organization will be headquartered in Evansville, Indiana; MPR was previously a wholly owned subsidiary of Tessenderlo Kerley Inc. and the deal closed August 8, 2021.

Amtech Systems Acquires Entrepix, Inc.

January 17, 2023

Manufacturing

Amtech Systems, Inc. acquired Entrepix, Inc., a provider of chemical mechanical polishing (CMP) technology and wafer cleaning equipment, in a reverse triangular merger that closed on January 17, 2023 for $35 million. The acquisition adds Entrepix's CMP technology, remanufacturing capabilities and wafer cleaning products to Amtech's substrate processing and wet chemical offerings to accelerate growth in front-end wafer processing, including silicon carbide applications.

SCF Partners Acquires Entegris' Pipeline and Industrial Materials Business (Flowchem, Val-Tex, Sealweld)

March 4, 2024

Industrial Services

SCF Partners, a Houston-based private equity firm, acquired the Pipeline and Industrial Materials (PIM) business from Entegris, consisting of Flowchem, Val-Tex, and Sealweld. The transaction brings specialized pipeline chemicals (drag reducing agents) and valve maintenance products and services into SCF's energy & infrastructure portfolio to accelerate growth and address midstream pipeline efficiency and emissions reduction.

Thermo Fisher Scientific Acquires PPD, Inc.

December 8, 2021

Healthcare Services

Thermo Fisher Scientific completed the acquisition of PPD, Inc. for $17.4 billion in cash, plus the assumption of approximately $3.0–$3.5 billion of net debt. The deal brings PPD's global clinical research and laboratory services into Thermo Fisher's Laboratory Products and Services segment, expanding Thermo Fisher's capabilities in clinical development and expected to generate approximately $125 million of synergies by year three.

MFG Chemical (Platte River Equity) Acquires H.P. Polymers

April 23, 2024

Manufacturing

MFG Chemical, a Platte River Equity portfolio company, has acquired H.P. Polymers, an independent paint and coatings resin manufacturer based in Puslinch, Ontario. The deal expands MFG's product portfolio and capabilities in the paint and coatings sector, enhancing service to customers across metal, wood, marine, specialty and coil end markets.