H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that its portfolio company, USALCO, LLC (“USALCO” or the “Company”), has acquired the coagulant manufacturing business of Brenntag Southwest, Inc. (“Brenntag”). USALCO is a leading provider of water treatment solutions for municipal and commercial customers in the United States.
Brenntag’s coagulants business is based in Houston, TX, and serves a diverse group of municipal and commercial water treatment customers in Texas, a key growth region for USALCO. Post-close, USALCO will relocate production to its existing manufacturing sites in the area and is committed to providing outstanding customer service, delivery, and quality to Brenntag’s customer base.
“Brenntag’s coagulant business is a great addition to USALCO,” said Ken Gayer, CEO of USALCO. “This acquisition broadens our customer base in the Texas region, which is a major area of growth for us.”
Tom Crain, President of Brenntag Southwest, Inc. noted, “This is a win-win transaction. Brenntag is a premier distributor of water treatment chemicals, while manufacturing is not a core part of our strategy. USALCO is an important manufacturing partner for Brenntag across the U.S., and we can count on them to continue delivering quality products to us and our customers.”
“We are excited to continue USALCO’s strategic geographic expansion by adding Brenntag Southwest’s coagulant manufacturing business,” said Keval Patel, Managing Director at H.I.G. “Ken and the USALCO leadership team have built an exceptional specialty water treatment solutions provider with significant runway for continued growth.”
About USALCO
USALCO is a leading provider of water treatment solutions for municipal and commercial customers in the United States, offering bespoke formulated chemistries and leading product efficacy to address a diverse range of water treatment requirements. Headquartered in Baltimore, MD, USALCO operates 32 manufacturing and distribution facilities throughout the United States. For more information, visit https://www.usalco.com/.
