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New Deal


Announced

Completed

Ardian completed the acquisition of a 50% stake in Angus Chemical from Golden Gate Capital for $2.25bn.

Financials

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Transaction Value£1,730m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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specialty additives

Acquisition

Friendly

Specialty Chemicals

Private

Cross Border

United States

Private Equity

Single Bidder

Completed

specialty chemicals

Majority

Synopsis

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Ardian, a private investment house, completed the acquisition of a 50% stake in Angus Chemical, a producer of specialty additive chemicals, from Golden Gate Capital, an American private equity firm, for $2.25bn. “Management and Golden Gate Capital have built an impressive Company and we are delighted to partner with them on this next phase of growth. Angus plays a critical role in the life sciences and personal care value chains, and its products have supported dozens of essential businesses over the last few months. With Ardian’s global reach and together with Golden Gate Capital, we plan to accelerate the Company’s growth and provide Angus’ customers with a compelling range of products. We have deep expertise and an extensive network in the sectors served by Angus, and we intend to support the Company in the implementation of a global buy & build strategy, similar to our approach with other successful investments," Thibault Basquin, Ardian Head of Americas Investments.

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