Location

Chattanooga, TN

Industry

Chemicals

Investment Status

Current

Investment Date

Jun 2017

Founded in 1980 and headquartered in Chattanooga, TN, MFG Chemical is a custom contract manufacturer of specialty chemicals, serving a wide range of chemical companies that participate in a diverse set of end markets, including asphalt, coatings, mining, lubricants, oilfield, pulp & paper, and water treatment.

Add-On Acquisition Criteria

Add-ons Completed

Ideal Target Characteristics

Manufacturer and distributor of specialty chemicals

Size

Revenue

$2.5mm+

EBITDA

$500,000+

End Markets Served

Surfactants, anhydrides, water treatment,
household, industrial & institutional chemicals

“For almost 40 years, MFG Chemical has leveraged its differentiated position in maleic anhydride and glacial acrylic acid to develop and manufacture new products in partnership with our customers to better serve their needs.”

Charles E. Gavin, III, Founder and Chairman

MFG Chemical

Certain statements made in the embedded video reflect Platte River's and portfolio company management's opinions and beliefs regarding the company and the investment. Such opinions and beliefs are subjective, do not represent a complete assessment of the company, the market or Platte River's overall investment performance and cannot be independently verified. Such statements are being offered as references for purposes of demonstrating the benefits of working with the Platte River team and not for the purpose of soliciting investors. Portfolio company executives receive/received a salary and economics from the respective portfolio company. No executives were paid for their testimonial or endorsement. There is a conflict of interest in these unpaid testimonials and endorsements in that all speakers stand to benefit from Platte River's success and/or their companies are or were a Platte River portfolio company.

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