Buyout (LBO, MBO, MBI) • Chemicals

Artemis Capital Partners Acquires RM Lucas

On November 2, 2021, private equity firm Artemis Capital Partners acquired chemicals company RM Lucas

Acquisition Context
  • This is Artemis Capital Partners’ 2nd transaction in the Chemicals sector.
  • This is Artemis Capital Partners’ 12th transaction in the United States.
  • This is Artemis Capital Partners’ 1st transaction in Illinois.

Explore All 397 Buyout (LBO, MBO, MBI) Chemicals Deals - Search the Database Free


M&A Deal Summary

Date November 2, 2021
Target RM Lucas
Sector Chemicals
Buyer(s) Artemis Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Deloitte (Financial)

Target Company

RM Lucas

Alsip, Illinois, United States
RM Lucas is a manufacturer of coatings, sealants, and adhesives for roof repair and restoration. RM Lucas solves complex environmental challenges for its customers - from weather, fire, and wind resistance to reflection, energy efficiency, and effective life increases. RM Lucas was founded in 1912 and is based in Alsip, Illinois.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Artemis Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
Size Small
Type Sector Agnostic
DESCRIPTION

Artemis Capital Partners is a private equity firm focused on buyouts and growth equity investments in industrial technology businesses. Artemis likes businesses with unique and defensible products, technology and/or intellectual property. Specific areas of interest includes industrial automation and software, life sciences laboratory automation and software, controls, devices, sensors and instrumentation. Target companies generate revenues of $2 to $50 million and at least $500k of EBITDA. Artemis is based in Boston, Massachusetts.


Deal Context for Buyer #
Overall 14 of 19
Sector: Chemicals 2 of 2
Type: Buyout (LBO, MBO, MBI) 9 of 13
State: Illinois 1 of 1
Country: United States 12 of 17
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 Ohio Tool Works

Ashland, Ohio, United States

Ohio Tool Works is a manufacturer of industrial honing machines, tooling, and abrasives. OTW operates a 50,000 square foot manufacturing facility in Ashland, Ohio, with sales offices in Houston and expanding distribution channels worldwide. Ohio Tool Works was founded in 2004 and is based in Ashland, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 StanChem

East Berlin, Connecticut, United States

StanChem is a chemical manufacturer specializing in the research, development, manufacture, and marketing of emulsion polymers, adhesives, and specialty coatings for a variety of applications including paints, paper and packaging, building products, textiles, and non-wovens. In addition to its specialty polymers business, the company produces and markets the well-known Albi line of flame retardant products. StanChem was founded in 1968 and based in East Berlin, Connecticut.

Sell -