M&A Deal Summary

SJL Partners, KCC and Wonik QnC Acquire Momentive Technologies

On September 18, 2018, private equity firm SJL Partners, KCC and Wonik QnC acquired manufacturer Momentive Technologies

Acquisition Highlights
  • This is SJL Partners’ 1st, KCC’s 1st and Wonik QnC’s 1st transaction in the Manufacturing sector.
  • This is SJL Partners’ 2nd, KCC’s 2nd and Wonik QnC’s 2nd transaction in the United States.
  • This is SJL Partners’ 1st, KCC’s 1st and Wonik QnC’s 1st transaction in Ohio.

M&A Deal Summary
Date 2018-09-18
Target Momentive Technologies
Sector Manufacturing
Buyer(s) SJL Partners
KCC
Wonik QnC
Deal Type Buyout (LBO, MBO, MBI)

Target

Momentive Technologies

Strongsville, Ohio, United States
Momentive Technologies is an advanced material company engaged in the design and manufacture of ultra-high-performance Quartz and Ceramic products. The materials technologies enable high-quality processing and production in a wide range of applications in the semiconductor, photovoltaic, lighting, aerospace, water purification, pharmaceutical, consumer electronic, and telecommunication industries. Momentive Technologies was founded in 2020 and is based in Strongsville, Ohio.

Search 201,292 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) 3

Buyer

SJL Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2017
Size Small
Type Sector Agnostic
DESCRIPTION

SJL Partners is a private equity firm that looks for long-term investment opportunities in South Korea. The Firm looks to partner with management and generally targets businesses exhibiting sustainable growth opportunities. SJL Partners was formed in 2017 and is headquartered in Seoul.

DEAL STATS #
Overall 2 of 4
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Ohio) 1 of 2
Country (United States) 2 of 3
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-13 Momentive

Schenectady, New York, United States

Momentive is a global advanced materials company with a cutting-edge focus on silicone and specialty products. The company delivers technologies, solutions, and processes designed to propel customers' products forward products that have a profound impact on everyday life from dawn to dusk, and from living rooms to outer space. Momentive is based in Schenectady, New York.

Buy $3.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-27 Nexeon

Oxfordshire, United Kingdom

Nexeon is a battery materials company developing and producing silicon materials for the next generation of lithium-ion rechargeable batteries. Nexeon’s materials have a transformational impact on battery performance in terms of energy density, rate of charge and cost of production on a $ per kWh basis. Nexeon is based in Oxfordshire, England.

Buy -
Buyer

KCC

Seoul, South Korea
Category Company
Founded 1958
Sector Chemicals
Employees3,394
Revenue 6.29T KRW (2023)
DESCRIPTION

KCC is a chemicals manufacturer in Korea, specializing in paints, building materials and specialty materials. It also engages in the silicones business for developing products in the fields of specialized paints and precision chemical engineering. KCC was founded in 1958 and is based in Seoul, South Korea.

DEAL STATS #
Overall 2 of 3
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Ohio) 1 of 1
Country (United States) 2 of 3
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-13 Momentive

Schenectady, New York, United States

Momentive is a global advanced materials company with a cutting-edge focus on silicone and specialty products. The company delivers technologies, solutions, and processes designed to propel customers' products forward products that have a profound impact on everyday life from dawn to dusk, and from living rooms to outer space. Momentive is based in Schenectady, New York.

Buy $3.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 KCC s Silicones Business

Seoul, South Korea

KCC Corporation's Silicones Business is a provider in silicones business for developing products in the fields of specialized paints and precision chemical engineering.

Sell -
Buyer

Wonik QnC

Gumi, South Korea
Category Company
Founded 1983
Sector Semiconductors
Employees1,122
Revenue 805.9B KRW (2023)
DESCRIPTION

Wonik QnC is a manufacturer and marketer of quartz and ceramic wares used in the production of semiconductor wafers. The company’s Quartz division provides quartz wares used in the production of semiconductor IC’s, as well as products used in the production of semiconductors, LCDs, LEDs, and solar cells. Wonik QnC was founded in 1983 and is based in Gumi, South Korea.

DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-13 Momentive

Schenectady, New York, United States

Momentive is a global advanced materials company with a cutting-edge focus on silicone and specialty products. The company delivers technologies, solutions, and processes designed to propel customers' products forward products that have a profound impact on everyday life from dawn to dusk, and from living rooms to outer space. Momentive is based in Schenectady, New York.

Buy $3.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-28 Momentive

Schenectady, New York, United States

Momentive is a global advanced materials company with a cutting-edge focus on silicone and specialty products. The company delivers technologies, solutions, and processes designed to propel customers' products forward products that have a profound impact on everyday life from dawn to dusk, and from living rooms to outer space. Momentive is based in Schenectady, New York.

Sell -
Mergr

Product

Company

Legal