Arsenal Capital Partners-backed CPS Performance Materials, a diversified specialty chemicals manufacturer of performance polymers, fine chemical and chemical illumination solutions, acquired GEO Specialty Chemicals, a diverse supplier of specialty chemicals and materials. The terms of the acquisition were not disclosed. Jeremy Steinfink, President and CEO of CPS, said, “GEO significantly adds to the scale of CPS and positions us well in a number of growing end markets. Our strategy will focus on investing in GEO’s businesses which complement many of CPS’s existing positions in attractive end markets such as CASE additives, specialty chemicals for pharma and medical uses, nutrition, personal care and a wide range of industrial applications. We see opportunities to expand across the portfolio where we can leverage our chemical expertise and continue to be a reliable commerical partner.”