Epsilyte Acquires StyroChem to Develop Capability and Buyer Options

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THE WOODLANDS, Texas — Epsilyte Holdings LLC, a number one supplier of superior supplies for constructing insulation, cold-chain packaging, and private security tools has acquired StyroChem Canada, Ltd., a number one North American producer of expandable polystyrene (EPS) positioned in Baie d’Urfe, Quebec, from PMC Capital Companions, LLC . Epsilyte is owned by Balmoral Funds and administration.

This acquisition creates one of many largest producers of EPS in North America. Epsilyte will now function three manufacturing websites, make use of greater than 300 associates, and supply buyer options in additional than 20 nations. Epsilyte expects to combine StyroChem capabilities and operations into its present group with minimal impression to StyroChem belongings, staff and prospects.

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“We’re thrilled to finish this acquisition and we welcome the StyroChem associates to the Epsilyte workforce,” stated Brad Crocker, President and Chief Government Officer, of Epsilyte. “Our superior supplies are already key enablers of carbon neutrality attributable to their virtually unmatched insulative properties. This acquisition additional strengthens our capability to reinforce our portfolio via StyroChem’s distinctive and environment friendly operational expertise enabling us to raised serve prospects with extra sustainable merchandise and true worth creation.” Mr. Crocker went on to say “StyroChem has actually benefited from their ahead pondering and skilled administration workforce and I’m excited to work carefully with Glenn Wredenhagen, the President of StyroChem, to construct an organization of scale that actually cares about our trade, our prospects, and our communities.”

In line with David Shainberg of Balmoral Funds, “This acquisition permits Epsilyte to leverage its sources to proceed bettering its enterprise and increasing its product portfolio. We’re excited in regards to the prospects to enhance our ESG message and efficiency based mostly on this thrilling mixture.”

Particulars of the transaction weren’t introduced.

About Epsilyte

Epsilyte is one in every of North America’s main producers of superior supplies utilized in building, packaging, and security tools. We’re an organization of scale centered on fixing buyer wants for environment friendly, extremely insulative supplies. Our greater than 300 staff focus each day on lowering power utilization in buildings; guaranteeing protected and wholesome meals via modern packaging expertise; defending lives with our impression resistant expertise; and enabling value efficient and environment friendly infrastructure funding world wide. Epsilyte is a portfolio firm of Balmoral Funds LLC. For extra info please go to www.epsilyte.com.

About Balmoral Funds

Balmoral is a Los Angeles, CA based mostly personal fairness fund, based in 2005, with roughly $500 million of belongings underneath administration. Balmoral companions with gifted, aligned and dedicated administration groups to spend money on and revitalize firms. Balmoral sometimes invests in firms which have revenues between $30 to $500 million and require fairness investments of $10 to $60 million. For extra info please go to: www.balmoralfunds.com.

About PMC Capital Companions, LLC

Established in 2019, PMC Capital is on the trail of turning into one of many fastest-growing personal fairness companies that invests in strategic alternatives the place thought, operational sources, and versatile capital can empower administration groups to execute their enterprise plans. PMC Capital presently owns and operates a portfolio of high-quality nationwide and worldwide companies within the decrease middle-market house, using almost 1,000 staff, with roughly $450M in mixed annual revenues. With over 100 years of collective personal fairness expertise, PMC Capital brings a profitable monitor file of executing company carve-outs, recapitalizing steadiness sheets, buying founder-owned firms and finishing bolt-ons. With a dedicated pool of capital backed by a household workplace, PMC Capital targets management fairness funding alternatives within the enterprise providers, industrials, TMT, client, and well being care sectors. The character of PMC Capital’s platform permits for a longer-term time horizon and a business-friendly method to possession transitions, divestitures, and successions. The agency is headquartered in Los Angeles, California. For extra info, please go to www.pmccapital.com.

Epsilyte Acquires StyroChem to Develop Capability and Buyer Options

View supply model on businesswire.com: https://www.businesswire.com/news/home/20211001005644/en/

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Contacts

Epsilyte Contact:
Brad Crocker
President and CEO
Workplace: 409-422-5901
Brad.Crocker@epsilyte.com

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