M&A Deal Summary

Solenis Acquires Sigura

On December 11, 2021, Solenis acquired consumer services company Sigura from Platinum Equity

Acquisition Highlights
  • This is Solenis’ 1st transaction in the Consumer Services sector.
  • This is Solenis’ 2nd transaction in the United States.
  • This is Solenis’ 1st transaction in Georgia.

M&A Deal Summary

Date 2021-12-11
Target Sigura
Sector Consumer Services
Buyer(s) Solenis
Sellers(s) Platinum Equity
Deal Type Merger

Target

Sigura

Alpharetta, Georgia, United States
Sigura is a provider of water treatment solutions for residential pool care and industrial water care. The Company has six production facilities in North America, South America, and EMEA, with sales locations globally.

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) 1

Buyer

Solenis

Wilmington, Delaware, United States

Category Company
Founded 2014
Sector Chemicals
Employees3,500
Revenue 1.7B USD (2014)
DESCRIPTION

Solenis is a global manufacturer of specialty chemicals for pulp, paper, oil and gas, chemical processing, mining, biorefining, power, and municipal markets. Solenis was founded in 2014 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 6 of 8
Sector (Consumer Services) 1 of 1
Type (Merger) 1 of 1
State (Georgia) 1 of 1
Country (United States) 2 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Lostris International B.V.

Abcoude, Netherlands

Lostris International B.V. is a provider of specialty chemicals to the pulp and tissue and towel markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-08 Diversey

Fort Mill, South Carolina, United States

Diversey is a hygiene and cleaning solutions company that integrates chemicals, floor care machines, tools, and equipment, with a wide range of technology-based value-added services, food safety services, and water and energy management. Diversey was incorporated in 1923 and is based in Fort Mill, South Carolina.

Buy $6.8B

Seller(S) 1

SELLER

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 48.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


DEAL STATS #
Overall 74 of 78
Sector (Consumer Services) 1 of 1
Type (Merger) 4 of 4
State (Georgia) 5 of 5
Country (United States) 61 of 65
Year (2021) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Orbit

Bountiful, Utah, United States

Orbit is a provider of residential watering solutions whose mission is to bring smart technology to homeowners, landscape professionals, and farmers across the globe. The company serves markets spanning six continents and 40 countries, and for decades has been a worldwide leader in designing and building innovative water optimization products. Orbit is based in Bountiful, Utah.

Sell $480M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Ball Metalpack

Broomfield, Colorado, United States

Ball Metalpack supplies innovative, sustainable steel packaging solutions for food and aerosol products in North America. With about 1,300 employees, the private company is based in Broomfield, Colorado, with eight U.S. plants. Ball Metalpack was formed in 2018 and is based in Broomfield, Colorado.

Sell $1.4B