Solenis - M&A Summary, Ownership, and Business Overview

ChemicalsCompany

Solenis M&A Summary

Solenis has acquired 7 companies of its own, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

Solenis’ largest acquisition to date was in 2023, when it acquired Diversey for $6.8B. Solenis has acquired in 3 different US states, and 3 countries. The Company’s most targeted sectors include chemicals (58%) and consumer services (15%).

Solenis Ownership

Who owns Solenis?

Solenis is owned by Platinum Equity. It was acquired on July 6, 2021.

Is Solenis PE-backed?

Yes. Solenis is owned by private equity investor Platinum Equity.

Was Solenis formerly PE-backed?

Yes. Solenis was formerly owned by 1 private investor.

Solenis Business Overview

Where is Solenis headquartered?

Solenis is headquartered in Wilmington, Delaware.

How many employees does Solenis have?

Solenis has 3,500 employees.

What sector is Solenis in?

Solenis is a chemicals company.

When was Solenis founded?

Solenis was founded in 2014.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 4
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 1
  • M&A Advisors 5

Solenis

Solenis LLC

2475 Pinnacle Drive,
Wilmington, Delaware 19803
United States,
(866) 337 1533
www.solenis.com

Solenis is a global manufacturer of specialty chemicals for pulp, paper, oil and gas, chemical processing, mining, biorefining, power, and municipal markets. Solenis was founded in 2014 and is based in Wilmington, Delaware.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 5 - 1 - 1 - 7
vol $6.8B $6.8B
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Diversey, Inc. 2023-03-08 6.8B USD Add-on Acquisition
Fort Mill, South Carolina · www.diversey.com
Sigura 2021-12-11 - Merger
Alpharetta, Georgia · www.sigurawater.com
Lostris International B.V. 2016-04-19 - Add-on Acquisition
Abcoude, Netherlands
Wester Blend B.V. 2016-04-19 - Add-on Acquisition
Heerhugowaard, Netherlands · www.westerblend.com
Locatec de Araraquara Ltda-Me 2015-11-10 - Add-on Acquisition
Araraquara, Brazil
Quimatec Produtos Químicos Ltda. 2015-11-10 - Add-on Acquisition
Araraquara, Brazil · www.quimatec.com.br
Clearwater Specialties LLC 2014-12-15 - Add-on Acquisition
Clarkston, Washington
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 4 (57%) 6.8B (100%) - -
Consumer Services 1 (14%) - - -
Energy Services and Equipment 1 (14%) - - -
Transportation 1 (14%) - - -
Total 7 $6.8B - -

By Geo

State/Country Buy Value Sell Value
United States 3 6.8B - -
  Washington 1 - - -
  South Carolina 1 6.8B - -
  Georgia 1 - - -
Brazil 2 - - -
Netherlands 2 - - -
Domestic 3 (43%) 6.8B (100%) - -
Cross-border 4 (57%) - - -
Total 7 $6.8B - -

Top M&A Advisors

Financial Deals
BofA Securities
1
Goldman Sachs
1
Piper Sandler & Co.
1
Legal Deals
Willkie Farr & Gallagher
1
Gibson, Dunn & Crutcher
1

Deal Values

buy # Total
> $1B 1 $6.8B
TOTAL $6.8B
Largest Diversey, Inc.
$6.8B (2023-03-08)

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)

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