One Equity Partners has agreed to sell its portfolio company Sonneborn to publicly-traded HollyFrontier for $655 million. One Equity acquired Sonneborn in March 2012 from Sun Capital Partners. Sonneborn is a manufacturer and supplier of high-purity specialty hydrocarbons including white oils, petrolatums (petroleum jelly) and microcrystalline waxes (de-oiled petrolatum). White oils are highly refined mineral…...
Archives for November 13, 2018
PPC Acquires Plaskolite
PPC Partners has agreed to acquire Plaskolite, a maker of transparent thermoplastic sheet products, from Charlesbank Capital Partners. Plaskolite is the largest manufacturer of acrylic and other plastic sheet (ABS, PETG and polycarbonate) in the United States. Its products are used in a variety of end products including windows, doors, lighting, signs, point-of-purchase displays and…...
New Water Adds US Manufacturing to Myotek
Myotek, a portfolio company of New Water Capital, has acquired Amptech, a manufacturer of electronics and electrical assemblies. Amptech designs, engineers and manufactures circuit boards and other electronic assemblies that are used in the automotive, utility and other industrial end markets. The company’s services include product design, material procurement, circuit board assembly, wire harness build,…...
TorQuest Buys Bartek Ingredients
TorQuest Partners has acquired specialty chemical maker Bartek Ingredients. Bartek manufactures and distributes specialty chemicals primarily used for food and beverage applications. The company’s products include malic acid, maleic anhydride, and fumaric acid for applications in beverages, confectioneries, bakery products, fruit-based products, desserts, personal care, pharmaceuticals, non-food products, and antimicrobials. Bartek distributes to over 35…...