Mason Wells Seeks Case Specialty Chemical Platform with EOP™

Mason Wells is actively seeking the acquisition of a Coatings, Adhesives, Sealants, and Elastomers (“CASE”) specialty chemical business in conjunction with industry veteran Doug MacRae. “I am proud to partner with Mason Wells to support the development of a leading CASE platform,” said MacRae. “Mason Wells focus on Midwestern industrial products companies and the firm’s straightforward approach fits well with my background and values.”

The platform company should possess some or all of the following characteristics:

• Products: Coatings, Adhesives, Sealants, Elastomers, and related intermediate products
• End Markets: Focused on Industrial and Construction end markets, but will consider others
• Small batch, asset-light business models (blending, formulation, and/or value-added distribution)
• Revenue greater than $30 million and EBITDA greater than $6 million
• Headquartered in the Midwestern United States
• Companies with less than $6 million of EBITDA and outside of the Midwest will be considered for follow-on acquisitions

Please contact Chris Pummill at (414) 727-6428 or  cpummill@masonwells.com. All inquiries will be treated with strict confidentiality.

Doug MacRae has 30 years of specialty chemicals experience in a variety of commercial, operational, and executive leadership roles. Early in his career, Doug spent over a decade at Tremco’s sealant division focusing on sales, marketing, human resources, and innovation. He then had a 15-year tenure in multiple leadership roles with BASF Construction Chemicals and its acquired businesses from Degussa and Harris Specialty Chemicals, serving as President & CEO of Degussa Building Systems and in the leading Global Strategy role for BASF Construction Chemicals. Most recently, Doug created value through profitable growth and operational improvement as President of DuBois Chemicals’ Industrial division. During his tenure at DuBois, Doug led a commercial reform of the Industrial business while also integrating six bolt-on acquisitions.