Chemicals

Client/Company Business Transaction
A. Schulman Inc. (Akron, OH) Manufacturer and provider of plastic resins and compounds $50,000,000 placement of senior notes
Brulin & Company Inc. (Indianapolis, IN) Formulator and marketer of floor care products and industrial cleaning chemicals. Sold to: CP Acquisition Inc. (St. Louis, MO), a portfolio company of Primus Venture Partners(Cleveland, OH)
Chemtura Corporation - oleochemical business unit Manufacturer and supplier of oleochemicals and specialty derivatives sold to the personal care, plastics, food and pharmaceutical markets Sold to: PMC Group (Mount Laurel, NJ)
CPI Engineering Services, Inc. (Midland, MI), a portfolio company of M&I Venture Partners (Milwaukee, WI) Formulator and manufacturer of synthetic lubricants for the refrigeration and air compressor industries. Sold to: Lubrizol Corporation (Cleveland, OH)
Cohesant Technologies, Inc.
(Indianapolis, IN)
Protection and renewal of water systems, manufacturer of plastics equipment and speciality coatings Sold GlasCraft subsidiary to Graco, Inc. (Minneapolis, MN) and spun off CIPAR subsidiary to current shareholders (Fairness Opinion and tax appraisal)
Earthrite Products Line of Magic American Corporation (Beachwood, OH) Formulator and marketer of environmentally safe household cleaning products. Sold to: John A. Benckiser GmbH (Ludwigshafen, Germany)
ENPAC
(Eastlake, OH)
Manufacturer of plastic spill prevention, secondary spill containment and industrial handling products Financial advisory services
Ferro Corporation (Cleveland, OH) Diversified manufacturer of pigments, colorants, frit, specialty chemicals and pharmaceutical additives $138,750,000 follow-on offering of common stock.
Specialty Ceramics Division (Shreve, OH) of Ferro Corporation (Cleveland, OH) Manufacturer of ceramic components. Sold to: CerCo LLC
(Solon, OH)
FinishMaster, Inc. (Indianapolis, IN) Distributor of automotive paints to the automotive collision repair industry. Acquired: LDI Autopaints, Inc. (Indianapolis, IN)
FinishMaster, Inc. (Indianapolis, IN) Distributor of automotive paints to the automotive collision repair industry. Fairness Opinion in repurchase of common stock.
Hall Chemical Co. (Wickliffe, OH) Manufacturer of specialty chemicals. Sold to: Nybo International (Shakopee, MN)
Manufacturing and Distribution Operation of LESCO, Inc.
(Cleveland, OH)
Manufacturing and distribution operation of largest provider of products for professional turf care segment of green industry. Sold to: Platinum Equity Partners, LLC
(Beverly Hills, CA)
OM Group Inc. (Cleveland, OH) International producer and marketer of metal based specialty materials $237,475,000 follow-on offering of common stock.
OMNOVA Solutions, Inc. (Fairlawn, OH) Leading provider of decorative and functional surfaces, coatings and specialty chemicals $165,000,000 placement of senior secured notes
PVC Compounders, Inc.
(Kendallville, IN)
Compounder of custom poly vinyl chloride based plastic compounds. Sold to: Spell Capital Partners LLC
(Minneapolis, MN)
RPM Corporation (Medina, OH) Manufacturer of paints, sealants and other products for consumer use. $163,875,000 follow-on offering of common stock.
South Coast Terminals, Inc. Subsidiary (Houston, TX) of Sudbury, Inc. (Cleveland, OH) Formulator and blender of fuel additives with bulk storage capabilities. Sold to: KMCO, Inc. (Houston, TX)
Spartech Corporation (St. Louis, MO) Formulator of specialty chemicals. $208,725,000 follow-on offering of common stock.