Uni-World and Brightwood Acquire VanDeMark Chemical Inc.
Firms to Build Established Specialty Chemicals Business
New York, December 11, 2012 – Uni-World Capital L.P., a private equity firm, and Brightwood Capital Advisors LLC, a private investment firm, on November 30th jointly acquired VanDeMark Chemical Inc., Lockport, NY, a leading global producer of specialty, intermediate, and catalyst chemicals based on phosgenation chemistry. Brightwood also provided mezzanine financing to VanDeMark. The transaction was sourced through Sidereal Capital, which also invested in the equity and will appoint a director to the company.
VanDeMark, which has produced phosgene and phosgene derivatives since 1951, offers a range of more than 30 chemical compounds used in the production of paints and coatings, pharmaceuticals, plastics and polymers, adhesives and sealants, agricultural products and other end markets. (more…)