Pacific Avenue Capital to acquire three Cray Valley product lines of TotalEnergies.

Pacific Avenue Capital, a private equity firm, agreed to acquire three Cray Valley product lines of TotalEnergies, an integrated energy and petroleum company. Financial terms were not disclosed. “We are excited about the Resin Solutions investment and the Company’s ability to capitalize on the growing demand for functional additives in the adhesives, sealants, aerospace, electronics, and other end markets. This acquisition continues to demonstrate that Pacific Avenue is the go-to buyer for corporate sellers. Our ability to navigate this complex global transaction was a key differentiator to the corporate parent. We are excited to partner with the Resin Solutions leadership team and look forward to investing behind the business to continue to meet the needs of our customers,” Chris Sznewajs, Pacific Avenue Founder and Managing Partner.