Buyout (LBO, MBO, MBI) • Chemicals

American Securities Acquires Hexion

On December 20, 2021, private equity firm American Securities acquired chemicals company Hexion

Acquisition Context
  • This is American Securities’ 8th transaction in the Chemicals sector.
  • This is American Securities’ 72nd transaction in the United States.
  • This is American Securities’ 3rd transaction in Ohio.

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


M&A Deal Summary

Date December 20, 2021
Target Hexion
Sector Chemicals
Buyer(s) American Securities
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Moelis & Co.
Morgan Stanley (Financial)
Davis Polk & Wardwell (Legal)

Target Company

Hexion

Columbus, Ohio, United States
Hexion engages in the production of thermoset resins. Hexion serves the global adhesive, coatings, composites, and industrial markets through a broad range of thermoset technologies, specialty products, and technical support for customers in a diverse range of applications and industries. Hexion was established in 1857 and is based in Columbus, Ohio.
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

American Securities

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 23.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Securities is a large private equity firm that typically partners with management when pursuing company acquisitions. American Securities typically targets US-based with $50 to $200 million of EBITDA and valued up to $2 billion. Areas of interest include consumer products, restaurants, healthcare, industrial, aerospace, defense, agriculture, environmental, paper/packaging, energy, and specialty chemicals. The Firm was originally formed in 1947 as the family office for William Rosenwald, an heir to the Sears Roebuck & Company, and began accepting outside investors in 1994. American Securities is headquartered in New York, New York.


Deal Context for Buyer #
Overall 73 of 81
Sector: Chemicals 8 of 10
Type: Buyout (LBO, MBO, MBI) 27 of 28
State: Ohio 3 of 3
Country: United States 72 of 80
Year: 2021 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-11 r-pac

New York, New York, United States

r-pac is a global provider of branded packaging, trim and supply chain services and solutions from concept to execution to customers across the retail supply chain. r-pac specializes in designing and manufacturing packaging and trims for apparel, footwear, accessories, electronics, home bed and bath, home décor, beauty, patio, and garden, among other product categories. In addition, the Company produces RFID-enabled tags, stickers, and labels, and provides related tracking software utilized by retailers and brands to achieve near 100% in-store inventory accuracy and complete SKU-level supply chain visibility for its products. r-pac was founded in 1987 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 SOLV Energy

San Diego, California, United States

SOLV Energy offers engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services for solar photovoltaic plants throughout North America. SOLV Energy was founded in 2008 and is based in San Diego, California.

Buy -