Chemsyn Chemical Corp

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Chemsyn Chemical Corp - overview

Location

Concord, ON, Canada

Primary Industry

Internet

About

Chemsyn Chemical Corp specializes in providing sanitation, disinfection, and hygiene solutions tailored for diverse sectors, including healthcare and hospitality, ensuring high standards of cleanliness and safety in various environments. Chemsyn Chemical Corp is a provider of sanitation and hygiene solutions. Founded in Concord, Canada, it was acquired by Citron Hygiene, a portfolio company of Birch Hill Equity Partners, in July 2017, financial terms undisclosed. The CEO of the company is Domenic Buda.


Chemsyn is a prominent provider of sanitation, disinfection, and hygiene solutions, offering a diverse range of products and services specifically tailored to meet the needs of various sectors including healthcare, hospitality, grocery, retail, manufacturing, and institutional markets. The company's core offerings encompass commercial warewashing systems, laundry solutions, housekeeping products, and hygiene supplies, all designed to enhance cleanliness and safety within facilities. Chemsyn's products function by adhering to stringent public health standards, ensuring comprehensive sanitation compliance across all operational areas. The client base includes a wide array of businesses, such as hospitals, hotels, and food service establishments, which rely on Chemsyn’s services to maintain a safe environment for employees and patrons.


The geographical markets for Chemsyn’s products extend beyond Canada, reaching sectors across North America and potentially other international markets where stringent hygiene regulations are in place. Chemsyn generates revenue through a structured model involving direct sales of its sanitation and hygiene products, alongside service agreements for machine leasing and maintenance. The company's transactions primarily occur through business-to-business relationships, where clients opt for subscription-based services or product purchases tailored to their operational needs. Partnerships with industry-leading brands allow Chemsyn to offer premium products, such as Energy Star™ certified warewashing systems, under flexible leasing plans that include no-cost preventative maintenance.


While specific pricing details for individual products or services are not disclosed, the company’s offerings are strategically positioned to provide essential cleaning solutions, thereby ensuring a steady revenue stream from contracts with various commercial and institutional clients. Looking ahead, Chemsyn Chemical Corp plans to enhance its product offerings with new sanitation and hygiene solutions designed for various industries. The company aims to expand its market presence into new regions, specifically targeting sectors in North America. Recent funding from the acquisition by Citron Hygiene in July 2017 will support these initiatives as Chemsyn seeks to develop innovative products and establish a stronger foothold in the expanding market for hygiene solutions.


Current Investors

Citron Hygiene LP

Primary Industry

Internet

Sub Industries

Consumer Services, Environmental Services, Search Engines, Web Applications

Website

www.chemsynchemical.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Chemsyn Chemical Corp - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedChemsyn Chemical Corp-

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Chemsyn Chemical Corp - employee data

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