M&A Deal Summary

Foremark Performance Chemicals Acquires NexGen

On May 16, 2023, Foremark Performance Chemicals acquired chemicals company NexGen

Acquisition Highlights

This is Foremark Performance Chemicals’ 1st transaction in the Chemicals sector.
This is Foremark Performance Chemicals’ 1st transaction in the United States.
This is Foremark Performance Chemicals’ 1st transaction in Texas.

M&A Deal Summary
Date	2023-05-16
Target	NexGen
Sector	Chemicals
Buyer(s)	Foremark Performance Chemicals
Deal Type	Add-on Acquisition

Target

NexGen

Cypress, Texas, United States

NexGen is a provider of innovative, alternative natural gas sweetening solutions that improve the efficiency and total cost of operations for E&P and midstream operators. The company delivers differentiating chemical technology to increase efficiency and reduce the total cost of operations. It is a privately held oilfield service company comprised of a staff of highly experienced chemical application experts. NexGen is headquartered in the Houston, Texas area and services the upstream and midstream sectors.

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