M&A Deal Summary |
|
|---|---|
| Date | 2019-08-19 |
| Target | GEON |
| Sector | Plastics |
| Buyer(s) | SK Capital Partners |
| Sellers(s) | Avient |
| Deal Type | Divestiture |
| Deal Value | 775M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 4.9B USD |
| Size | Large |
| Type | Sector Agnostic |
SK Capital Partners is a private investor in mature and middle-market companies located throughout North America. SK Capital focuses on companies with opportunities for substantial business improvement and strong growth prospects. The Firm looks to invest $100 to $200 million of equity in transactions valued up to $500 million. Prospective businesses typically generate $50 to $500 million in revenues and at least $100 million in EBITDA. Areas of interest include specialty materials, chemicals and healthcare. The Firm will consider a variety of transaction situations, including buyouts, recapitalizations, growth equity financings, and corporate carve-outs. SK Capital Partners was spun out of Arsenal Capital Partners and became independent in 2007. SK Capital Partners is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 39 |
| Sector (Plastics) | 1 of 1 |
| Type (Divestiture) | 10 of 15 |
| State (Ohio) | 1 of 3 |
| Country (United States) | 14 of 26 |
| Year (2019) | 2 of 2 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-23 |
VanDeMark
Lockport, New York, United States VanDeMark is a provider of specialty and custom chemicals focusing on phosgene production and phosgene-related chemistry. These products are used in pharmaceuticals, agricultural chemicals, polymers, sealants, coatings, and biocides. VanDeMark was founded in 1951 and is based in Lockport, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-21 |
Techmer PM
Clinton, Tennessee, United States Techmer PM is a materials design company that specializes in modifying and fine-tuning the properties of technical polymers. The company thrives on partnering and collaborating with plastics processors, fabricators, designers, specifiers, and brand owners. It operates seven North American plants and has extensive expertise in virtually every plastic- and fiber-related process, from additive manufacturing and blown film to nonwovens, injection molding, and sheet extrusion. Techmer PM was founded in 1981 and is based in Clinton, Tennessee. |
Buy | - |
Avient is a provider of specialized polymer materials, services and solutions. Avient has operations in North America, South America, Europe, Asia and Australia, and joint ventures in North America and South America. Avient was incorporated in 1885 and is based in Avon Lake, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector (Plastics) | 2 of 2 |
| Type (Divestiture) | 4 of 5 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 4 of 5 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-02 |
Fiber-Line
Hatfield, Pennsylvania, United States Fiber-Line, Inc. is a manufacturer of high-performance, coated fibers. Fiber-Line takes raw fiber and applies proprietary, innovative coatings in a specialized manufacturing process (which includes twisting, winding and splicing) to enhance the performance characteristics of the fiber for use in a variety of industries, including fiber optics, oil & gas, composites and industrial. Fiber-Line, Inc. was founded in 1987 and is based in Hatfield, Pennsylvania. |
Buy | $120M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-19 |
Clariant AG - Masterbatches Business
Muttenz, Switzerland Clariant's Masterbatches Business provides color and additive concentrates and performance solutions for plastics. Clariant’s Masterbatches help to enhance the market appeal or end-use performance of plastic products, packaging or fibers. |
Buy | $1.6B |
