M&A Deal Summary

Seatex Acquires ChemQuest Chemicals

On September 6, 2022, Seatex acquired chemicals company ChemQuest Chemicals from Edgewater Capital Partners

Acquisition Highlights
  • This is Seatex’s 1st transaction in the Chemicals sector.
  • This is Seatex’s 1st transaction in the United States.
  • This is Seatex’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-09-06
Target ChemQuest Chemicals
Sector Chemicals
Buyer(s) Seatex
Sellers(s) Edgewater Capital Partners
Deal Type Add-on Acquisition

Target

ChemQuest Chemicals

Pasadena, Texas, United States
ChemQuest Chemicals is a custom blender and value-added supply chain partner for chemical companies serving a broad range of industries, including agriculture, water treatment, petrochemicals, and other industrial applications. ChemQuest Chemicals is based in Pasadena, Texas.

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

Seatex

Rosenberg, Texas, United States
Category Company
Founded 1967
Sector Chemicals
DESCRIPTION

Seatex is a chemical provider of turnkey liquids and solids blending, toll manufacturing, and packaging services. The Company produces detergents, sanitizers, emulsifiers, additives, and other products for the energy, cleaning, agronomics, and industrial end markets. It operates two production locations outside of Houston, Texas with in excess of 500,000 square feet of manufacturing space. Seatex was formed in 1967 and is based in Rosenberg, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

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 16 of 17
Sector (Chemicals) 9 of 9
Type (Add-on Acquisition) 9 of 10
State (Texas) 3 of 4
Country (United States) 16 of 17
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-01 Luxium Solutions

Hiram, Ohio, United States

Luxium Solutions is a provider of single scintillation crystals for radiation detection applications, as well as sapphire and garnet substrates for photonics and power electronics applications. Luxium Solutions was founded in 1969 and is based in Hiram, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Altamira Material Solutions

Houston, Texas, United States

Altamira Material Solutions specializes in the custom production of PTFE molding, paste extrusion, plastics machining, and fabrication. Altamira Material Solutions is based in Houston, Texas.

Sell -
Mergr

Product

Company

Legal