Press Release

Mason Wells Seeks CASE Specialty Chemical Platform with EOP™

For more information, contact:  Chris Pummill, Vice President, 414-727-6428

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.

About Doug MacRae

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.

About Mason Wells

Mason Wells is a leading, Midwest-based private equity firm with approximately $1.0 billion in assets under management across its current private equity funds.  Through its Executive Operating Partner™ model, Mason Wells joins with seasoned, industry-focused business leaders to identify, acquire, and manage new and existing portfolio companies.  Mason Wells is currently investing out of Mason Wells Buyout Fund IV, a $615 million fund.  Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors:  Consumer Packaged Goods, Outsourced Business Services, Engineered Products & Services, and Packaging Materials & Converting.  For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com

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