Capstone Partners advised Mays Chemical Company—a leading chemical and ingredient distribution company—on its sale to Ravago.
Mays Chemical, founded in Indianapolis in 1980, offers bulk, packaged, and laboratory chemicals, as well as related raw materials and formulated products. Mays serves the beverage, food, pharmaceutical, automotive, personal care, electronics, paint and coatings, laboratory and healthcare, pulp and paper, and chemical processing industries. The company also provides value-added services such a blending, repackaging, dilutions, logistics, storage solutions and more. For more information, click here.
The Ravago family of companies was exactly the right partner for Mays Chemical Company. We were represented by Capstone Partners, who provided invaluable guidance and strategic knowledge of the possible transaction partners across both the private equity and Specialty Chemical Distribution landscapes. Capstone helped us navigate this unfamiliar terrain and maximized our time and value for our shareholders. They were truly our partners in this process, and we were grateful to have them on our team.
Mays-Corbitt will continue with Ravago, as will Mays’ senior management team.
Doug Usifer, Managing Director and lead advisor on the deal for Capstone, commented, “Mays is a leading value-added chemical distributor in the U.S. with a storied heritage, great team, and an outstanding business model. We were honored to represent Mays Chemical Company and their shareholders in this important transaction, and we look forward to their new chapter of growth with Ravago.”
Ravago, founded in 1961, is a Belgian plastic production company specialized in polymers, chemicals, and life ingredients, and building materials. Ravago focuses on the distribution, resale, and manufacturing of sector products with an expertise in recycling products. Ravago is a family-owned company with offices globally. For more information, click here.
The expert investment banking professionals on Capstone Partners’ Industrials Services’ Team work with leading middle market companies operating in the Chemicals market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Industrials Services’ Banking Team, contact us here.
