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Leading Specialty Chemicals Companies Come Together to Bring More Color to Customers
Capital Partners is pleased to announce that ChromaScape, LLC has purchased Greenville Colorants, LLC, a processor of liquid and powder dyes, representing a significant expansion of products serving paper, printing inks, and textile industries. Greenville Colorants’ technical capabilities, a broad portfolio of over 2,000 products and advantageous geographic locations in New Jersey, South Carolina, and California, offer customers unlimited opportunities to innovate with custom color formulations.
“Greenville Colorants complements ChromaScape in many ways,” says Joe Majewski, Chief Executive Officer, ChromaScape. “Greenville serves similar and adjacent markets and will allow us to extend our manufacturing footprint in the Southeast. We’re excited about this addition to the ChromaScape family and our ability to provide even greater technical expertise in a variety of applications to our respective customers.”
“Ron and I are greatly pleased to join forces with the deep bench of wonderful and talented people throughout all of ChromaScape,” commented Joe Lynch, Greenville Colorants’ President and Chief Executive Officer. Ron Weiss, Greenville Colorants’ Chairman, adds “The natural synergy between our two dyed-in-the-wool, color-to-the-core companies becomes more obvious and gratifying every day.”
“We were pleased to support Chromascape with this strategic acquisition,” said Managing Director Mark Langer. “The combination of these businesses makes tremendous sense and our unique equity-rich capital structure allowed us to move forward in a challenging financing market.”
Capital Partners (www.capitalpartners.com) is a private investment firm founded in 1982. Its principals have invested in more than 100 platform and add-on acquisitions across a variety of industries. Based on the combination of solid investment discipline and its high-equity approach, it has successfully partnered with management teams to create growth and strong returns through multiple economic cycles. Capital Partners is currently investing a $600 million committed private equity fund.
Established in 1998, ChromaScape is a specialty chemicals supplier that taps into the unlimited potential of pigments, colorants, and additives. ChromaScape formulates raw materials into dyes and dispersions for customers to incorporate into their products and unique applications. ChromaScape applies its manufacturing process, technical knowledge, and leading industry expertise to deliver reliable performance giving customers the ability to enhance and innovate. In partnership with customers, stakeholders, and associates, they are brighter and better together. To learn more, visit chromascape.com.
Please contact the following members of the investment team at Capital Partners with investment or add-on opportunities:
Mark Langer, Managing Director
Edwin Tan, Managing Director
John Willert, Managing Director
John Newman, Principal
Sarah Paquet, Vice President
Joe Sokol, Senior Associate
About Capital Partners
Capital Partners (www.capitalpartners.com) is a private investment firm founded in 1982. Our principals have invested in more than 100 platform and add-on acquisitions across a variety of industries. Based on the combination of solid investment discipline and our low leverage approach, we have successfully partnered with management teams through multiple economic cycles.