Pritzker Private Capital (PPC), a leader in family direct investing, has acquired the Vertellus group of companies, a specialty chemicals manufacturer.
WHO: Headquartered in Indianapolis, the Vertellus group of companies was originally founded in 1857 as a manufacturer of niche specialty products. Today, the business is one of the largest providers of unique specialty chemicals used in diverse applications, processes, and market sectors, including agriculture, life sciences, industrial specialties, nutrition, personal care, and plastics. With 900+ employees, Vertellus serves customers across the globe from its 10 international manufacturing facilities located in the United States, United Kingdom, India, and China.
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services, and healthcare sectors. The firm builds businesses for the long term and is an ideal partner for entrepreneurs and family-owned companies.
IN THEIR OWN WORDS: “Vertellus is a leading specialty chemicals manufacturer with strong growth prospects and a compelling market opportunity,” said Thomas Chadwick, Principal at Pritzker Private Capital. “We are pleased to partner with John and the talented Vertellus team to continue providing best-in-class products and support to its customers. The Company plays an important role in the development and production of in-demand consumer and industrial products, and we look forward to supporting Vertellus on its continued expansion and innovation excellence.”
“Over our 150+ year history, Vertellus has built a culture committed to delivering industry-leading, high-quality products and services to our customers across the end markets we serve,” said John Van Hulle, President and CEO of Vertellus. “Our partnership with Pritzker Private Capital will help us build upon Vertellus’ leading standard of quality, service, and safety as we advance our growth strategy. PPC is the ideal partner for our exciting next chapter.”
Michael Nelson, Head of Investing at PPC, added, “Vertellus and PPC share a philosophy of building great companies for the long-term with a strong commitment to customers, employees, and our communities. We are thrilled to partner with John and the Vertellus team to continue growing this market-leading business.”
DETAILS:
