Country for PR: United States
Contributor: PR Newswire New York
Wednesday, December 15 2021 - 00:00
AsiaNet
Inhance Technologies Acquires Advance Research Chemicals, Creating a Global Leader in Sustainable Specialty Chemicals and Materials Technologies
HOUSTON, Dec. 15, 2021 /PRNewswire-AsiaNet/ --

Inhance Technologies, LLC ("Inhance Technologies" or "Company"), a leading 
international provider of sustainable polymer material science solutions and 
portfolio company of Aurora Capital Partners ("Aurora"), today announced it has 
completed the acquisition of Advance Research Chemicals, Inc. ("ARC"), a 
world-class producer of specialty chemicals and materials used in a wide range 
of high-value applications. Terms of the transaction were not disclosed.

With production facilities in the United States and Mexico, ARC supports many 
of the world's largest and most innovative companies with its customized 
solutions, including a large and growing library of high-purity products 
underpinned by proprietary processes developed over more than 30 years.  ARC's 
unique ability to offer R&D, pilot, and commercial scale production allows the 
company to provide turnkey, tailored solutions for each of its customers. 
Serving mission-critical needs across a wide array of industries, including 
medical batteries, semiconductors, 3D printing, and pharmaceuticals, ARC has 
established itself as a reliable and innovative resource in the field of 
specialty chemicals and materials.

"ARC is a pioneer in their markets, and their highly complementary suite of 
solutions will add to our existing offerings as well as expand our geographic 
and industry reach," said Andrew Thompson, President and Chief Executive 
Officer of Inhance Technologies. "Together, we will be a global leader in 
sustainable specialty chemicals and materials technologies with unmatched R&D 
capabilities, technical knowhow, and geographic breadth. I look forward to 
working with the ARC team to continue innovating and using our combined 
technologies as a means to achieve a greener, more sustainable future."

"This transaction combines two true industry leaders, uniquely positioning the 
combined company to capitalize on its existing technologies and deliver a 
broader suite of innovative solutions to its customers around the globe," said 
Dr. Dayal Meshri, Founder and former Executive Chairman of ARC. "Inhance 
Technologies has established a well-deserved reputation as a trusted provider 
of sustainable material science solutions and is the right partner for ARC to 
accelerate adoption of its technologies to better serve its many market-leading 
customers."

"When we partnered with Inhance Technologies, we saw a unique opportunity to 
expand the application set for their proprietary technologies and develop new 
solutions for a broader range of industries.  This transaction is a 
transformational step in realizing that opportunity," said Randy Moser, Partner 
at Aurora.  "Leveraging the world-class capabilities of each company will spur 
even more technological advancements, durably accelerating Inhance 
Technologies' growth."

This is the second add-on acquisition that Inhance Technologies has made since 
the Company partnered with Aurora in 2018. During that time, Inhance 
Technologies has made significant investments to support its growth, including 
the opening of a new headquarters and Global Science and Technology Center in 
Houston, significantly expanding its facility in St. Louis, and developing 
multiple new, innovative technologies.


Robert W. Baird & Co. served as financial advisor and Gibson Dunn & Crutcher 
LLP served as legal advisor to Inhance Technologies.

About Inhance Technologies
Inhance Technologies is a global leading provider of polymer material science 
solutions. For more than 40 years, Inhance Technologies has been developing 
innovative technologies and solutions that enable new levels of product 
performance, while reducing environmental impact. With operations in the 
Americas, Australia and Europe, Inhance Technologies is transforming specialty 
plastics and chemicals on a global scale and in a wide range of industries, 
from consumer products to healthcare, industrial applications to agriculture. 
More information can be found at www.inhancetechnologies.com ( 
https://c212.net/c/link/?t=0&l=en&o=3388866-1&h=3168812749&u=http%3A%2F%2Fwww.inhancetechnologies.com%2F&a=www.inhancetechnologies.com 
).

About Advance Research Chemicals
ARC is a world-class specialty chemicals and materials supplier, offering 
high-purity, tailored solutions, utilizing production facilities in the United 
States and Mexico. Many of the world's largest companies partner with ARC to 
develop performance-critical chemicals and materials that enable some of the 
world's most innovative products. ARC also provides private label manufacturing 
for the institutional and consumer hygiene markets. ARC serves a wide array of 
industries, including medical batteries, semiconductors, 3D printing, 
pharmaceuticals, automotive, textiles, and consumer packaged goods.

About Aurora Capital Partners
Aurora is a leading private equity firm focused principally on control 
investments in middle-market companies with leading market positions, stable 
industry dynamics, attractive business model characteristics and actionable 
opportunities for growth in partnership with management. Aurora provides unique 
resources to its portfolio companies through its Strategy & Operations Program 
and its team of experienced operating advisors. Aurora's investors include 
leading public and corporate pension funds, endowments and foundations active 
in private equity investing. For more information about Aurora, visit: 
www.auroracap.com ( 
https://c212.net/c/link/?t=0&l=en&o=3388866-1&h=3923674935&u=http%3A%2F%2Fwww.auroracap.com%2F&a=www.auroracap.com 
).

Media Contacts

Inhance Technologies
Momotaz Rahman
Marketing Director
mrahman@inhancetechnologies.com 

Aurora
Taylor Ingraham / Fred Schweinfurth
ASC Advisors
tingraham@ascadvisors.com / fschweinfurth@ascadvisors.com

SOURCE Inhance Technologies
    

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