Announced
Financials
Tags
Acquisition
Specialty Chemicals
Friendly
United States
Private Equity
specialty chemical production
Private
Single Bidder
Synopsis
Altas Partners, a long-term oriented investment firm, agreed to acquire DuBois Chemicals, a leading specialty chemical supplier, from Jordan Company. Financial terms of the transaction were not disclosed. "We chose to partner with Altas because their team shares our conviction and excitement regarding the long-term opportunity for DuBois, making the firm an ideal partner as we enter our next phase of growth,” said Jeff Welsh, President and CEO of DuBois. “With Altas’ support, we look forward to continuing the development of the business through both organic growth and continued selective acquisitions. We greatly appreciate the support we’ve received from The Jordan Company, and we thank them for their guidance and partnership.”
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