M&A Deal Summary

PSG Acquires Flow Polymers

On February 22, 2016, PSG acquired manufacturer Flow Polymers from Geneva Glen Capital

Acquisition Highlights
  • This is PSG’s 1st transaction in the Manufacturing sector.
  • This is PSG’s 2nd transaction in the United States.
  • This is PSG’s 1st transaction in Ohio.

M&A Deal Summary
Date 2016-02-22
Target Flow Polymers
Sector Manufacturing
Buyer(s) PSG
Sellers(s) Geneva Glen Capital
Deal Type Add-on Acquisition
Advisor(s) KeyBanc Capital Markets (Financial)

Target

Flow Polymers

Cleveland, Ohio, United States
Flow Polymers LLC is a manufacturer of proprietary and custom chemical dispersions, process aids and homogenizing agents for tire, automotive, industrial products, wire and cable and plastics markets.

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Buyer(S) 1

Buyer

PSG

Cleveland, Ohio, United States
Category Company
Founded 2015
Sector Chemicals
DESCRIPTION

PSG is a manufacturer of proprietary and custom polymer additives, dispersions, and performance chemicals for the rubber, plastic, and engineered wood industries. PSG offers a variety of customer-centric solutions that improve polymer processing, increase surface protection, and enhance product performance. PSG was founded in 2015 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 2 of 5
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Ohio) 1 of 1
Country (United States) 2 of 4
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Peach State Labs

Rome, Georgia, United States

Peach State Labs, Inc. is a provider of specialty polymers and other unique chemicals to a number of end markets, including flooring, textiles, coatings & paints, consumer products, leather, institutional water treatment, and lubricants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-28 Sasco Chemical Group

Albany, Georgia, United States

Sasco Chemical Group, Inc. is a manufacturer of rubber anti-tack agents in north america with its PolyCoat, TechKote and Sasco Cote product lines.

Buy -

Seller(S) 1

SELLER

Geneva Glen Capital

Chicago, Illinois, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2008
Size Small
Type Sector Agnostic
DESCRIPTION

Geneva Glen Capital is a private equity firm that invests in lower middle-market companies. The Firm partners with management when pursuing private companies with leading market positions, significant growth potential, and stable cash flows. Target businesses are located in the US or Canada and have $2 to $20 million of EBITDA. Sectors of interest include business/consumer services, consumer products, environmental services, education, healthcare, niche manufacturing, publishing, chemicals, insurance, and value-added distribution. Geneva Glen will not invest in high technology, retail, restaurants, real estate, or early-stage companies. Geneva Glen Capital was formed in 2008 and is based in Chicago, Illinois.

DEAL STATS #
Overall 7 of 11
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 4 of 8
State (Ohio) 1 of 1
Country (United States) 7 of 11
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-12 Physiotherapy Associates

Exton, Pennsylvania, United States

Physiotherapy Associates, Inc. is a provider of outpatient physical rehabilitation care offering a wide range of services, including general orthopedics, spinal care and neurological rehabilitation, as well as orthotics and prosthetics services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 Dianne s Fine Desserts

Newburyport, Massachusetts, United States

Dianne's Fine Desserts is a provider of gourmet frozen thaw and serve desserts to the foodservice industry, highly regarded national restaurant chains and in-store bakeries. Dianne's Fine Desserts is based in Newburyport, Massachusetts.

Buy -
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