M&A Deal Summary

ICP Acquires Benefect

On March 13, 2019, ICP acquired chemicals company Benefect

Acquisition Highlights
  • This is ICP’s 5th transaction in the Chemicals sector.
  • This is ICP’s 1st transaction in Canada.
  • This is ICP’s 1st transaction in Ontario.

M&A Deal Summary

Date 2019-03-13
Target Benefect
Sector Chemicals
Buyer(s) ICP
Deal Type Add-on Acquisition

Target

Benefect

Hamilton, Ontario, Canada
Benefect is a producer of disinfectant and cleaning supplies for the environmental remediation industry. Benefect is the first government-registered hospital disinfectant using essential oils from plants. Today its botanical technology is used widely around the world to clean and kill germs with no compromise in strength.

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Buyer(S) 1

Buyer

ICP

Andover, Massachusetts, United States

Category Company
Founded 2016
Sector Chemicals
DESCRIPTION

ICP is a specialty chemical company engaged in the formulation, manufacturing, and marketing of coatings and adhesives. ICP was founded in 2016 and is based in Andover, Massachusetts.


DEAL STATS #
Overall 9 of 14
Sector: Chemicals M&A 5 of 8
Type: Add-on Acquisition M&A Deals 4 of 8
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-11 ASTEC

Binghamton, New York, United States

ASTEC is a provider of fluid-applied membrane systems for the sustainable restoration of roofs, walls, tanks, piping, ductwork, and other industrial surfaces. ASTEC was founded in 1986 and is based in Binghamton, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-16 IdeaPaint

Ashland, Massachusetts, United States

IdeaPaint, Inc. is a provider of premium dry-erase solutions. IdeaPaint dry erase paints and wallcoverings transform virtually any smooth surface into an erasable canvas. IdeaPaint, Inc. was founded in 2008 and is based in Ashland, Massachusetts.

Buy -