SK Capital Partners has added Mario Toukan to its investment team as a new Managing Director. Mr. Toukan has over 20 years of mergers and acquisitions experience focused on the chemicals sector. He has been with KeyBanc Capital Markets since 2004 and in 2012 he became the firm’s Global Head of Chemicals and Materials.
“Our team has worked with Mario for many years and we value his insights and experience immensely,” said Barry Siadat, a co-founder and Managing Director of SK Capital. “We have always been committed to having top talent at SK Capital, and we look forward to Mario becoming an integral part of our team.”
SK Capital specializes in the specialty materials, chemicals and pharmaceuticals sectors and typically invests equity of $100 million to $200 million in each portfolio company. In its most recent transaction in October, the firm acquired Schenectady, NY-based SI Group, a manufacturer of specialty chemical additives and intermediates that are used in a range of end markets including pharmaceuticals, plastics, oil and gas, and tires. SI Group operates 20 manufacturing facilities in 10 countries with more than $1 billion in annual sales.
“Having spent over two decades in the chemical industry, I have seen firsthand the impact of SK’s differentiated approach and capabilities on building businesses and creating value,” said Mr. Toukan, who will start at SK Capital beginning in January. “The firm’s culture and core values align with my own and I am excited to further build upon their track record of success.”
“Mario’s exceptional understanding of, and extensive relationships in, the chemical industry will enhance our position as one of the leading investment franchises in our sectors of focus. His addition will broaden our platform and I look forward to having Mario as a partner,” said SK Capital Managing Director Jack Norris.
SK Capital has more than $3.8 billion of assets under management and is based in New York (www.skcapitalpartners.com).