M&A Deal Summary

CPS Performance Materials Acquires FAR Chemical

On October 29, 2018, CPS Performance Materials acquired chemicals company FAR Chemical from Edgewater Capital Partners

Acquisition Highlights
  • This is CPS Performance Materials’ 2nd transaction in the Chemicals sector.
  • This is CPS Performance Materials’ 2nd transaction in the United States.
  • This is CPS Performance Materials’ 1st transaction in Florida.

M&A Deal Summary
Date 2018-10-29
Target FAR Chemical
Sector Chemicals
Buyer(s) CPS Performance Materials
Sellers(s) Edgewater Capital Partners
Deal Type Add-on Acquisition

Target

FAR Chemical

Palm Bay, Florida, United States
FAR Chemical, Inc. is a manufacture of specialty organic chemicals for customers in industries including pharmaceuticals, structural composites, CASE and foam, electronics, flavors, fragrances and personal care, catalysts, polymers and plastics. FAR Chemical, Inc. was founded in 1982 and is based in Palm Bay, Florida.

Search 201,429 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CPS Performance Materials

Bound Brook, New Jersey, United States
Category Company
Sector Chemicals
DESCRIPTION

CPS Performance Materials is a diversified specialty chemicals manufacturer of chemical illumination solutions, performance polymers, and fine chemicals and intermediates. CPS Performance Materials is based in Bound Brook, New Jersey.

DEAL STATS #
Overall 2 of 3
Sector (Chemicals) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Florida) 1 of 1
Country (United States) 2 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 Cyalume

West Springfield, Massachusetts, United States

Cyalume is a designer, developer, and producer of extremely reliable chemical and electronic lights for safety and security applications. Cyalume’s products provide sources of light in emergency situations and for general safety purposes. Cyalume was founded in 1997 and is based in West Springfield, Massachusetts.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-29 GEO Specialty Chemicals

Ambler, Pennsylvania, United States

GEO Specialty Chemicals, Inc. is a specialty chemical manufacturer for the water treatment, construction, electronic materials industries. GEO Specialty Chemicals, Inc. was founded in 1993 and is based in Ambler, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Edgewater Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1982
Size Middle-Market
Type Sector Focused
DESCRIPTION

Edgewater Capital Partners is a private equity firm focused on acquiring established, lower middle-market companies. Prospective investment situations include corporate divestitures, management buyouts, and family business liquidity. The Firm's industry preferences include highly-engineered manufacturing, specialty chemicals, specialty Industrials, Life Science. Edgewater Capital Partners was formed in 1982 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 12 of 17
Sector (Chemicals) 7 of 9
Type (Add-on Acquisition) 6 of 10
State (Florida) 1 of 1
Country (United States) 12 of 17
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-07 Pure Wafer

San Jose, California, United States

Pure Wafer is a provider of silicon wafer reclaim services and supplies virgin silicon wafers, specialty thin film deposition products, and silicon parts services. Pure Wafer was founded in 2008 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-11 Prolytix

Essex Junction, Vermont, United States

Prolytix is a provider of research reagents, customized blood collection tubes, and protein biochemistry services including assay development, validation, and GMP release and stability testing. Prolytix provides contract research and development services such as custom protein purification, protein modification, assay development, GMP stability, and release testing, and offers over 150 high-quality blood coagulation products including proteins, antibodies, inhibitors and substrates, deficient plasmas, custom IVD/POC reagents, and custom blood/specimen collection tubes. Prolytix was founded in 1987 and is based in Essex Junction, Vermont.

Buy -
Mergr

Product

Company

Legal