Sun Capital Partners, a private investment firm, has purchased TENAX, a manufacturer of chemical products.
Sun Capital will assist TENAX’s growth through its operational expertise and buy-and-build strategy.
“The Bombanas have built TENAX into a large and truly global player, and we see significant opportunity for TENAX to continue that trajectory, both through strategic acquisitions to penetrate new markets and driving organic growth to increase overall presence,” said Marc Leder, co-CEO of Sun Capital.
TENAX was assisted by Clearwater International (M&A advisor), LAWP (legal & tax advisor), and EY (vendor due diligence advisor).
Sun Capital was assisted by UniCredit (M&A advisor), Giliberti Triscornia e Associati (legal advisor), EY Parthenon (commercial due diligence advisor), PwC (financial & tax due diligence advisor), and ERM (environmental due diligence advisor).