CPS Performance Materials Corp.
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CPS Performance Materials Corp. - overview
Established
1986
Location
Bound Brook, NJ, US
Primary Industry
Chemicals
About
Founded in 1986 in Bound Brook, NJ, CPS Performance Materials Corp. specializes in high-value specialty chemicals. It has undergone various operational changes to enhance its service offerings. The company secured a BUYOUT funding round of USD 45.
00 mn led by Arsenal Capital Partners, raising a total of USD 45. 00 mn. The current CEO is Jeremy Steinfink. CPS Performance Materials specializes in producing high-value specialty chemicals through its two business units: GEO Specialty Chemicals and FAR Chemical.
Its product portfolio includes silicone and methacrylate chemistries for contact lens production, glycine for supplements, specialty methacrylate monomers, and Polyalkylene Glycols (PAGs) for industrial applications. FAR Chemical focuses on advanced chemistries for pharmaceuticals, coatings, and flavor and fragrance markets, offering proprietary products and custom manufacturing services, primarily marketed in North America and Europe. CPS Performance Materials generates revenue through direct B2B transactions, focusing on partnerships and custom manufacturing. The company's facilities in Palm Bay, FL, and Bound Brook, NJ, compliant with cGMP FDA regulations, support large-scale production and the manufacture of pharmaceutical intermediates.
The revenue model involves contracts for bulk supply and specialty chemical formulations, with pricing negotiated based on client-specific requirements. CPS Performance Materials aims to expand its product offerings, particularly in new specialty chemicals designed for emerging markets. The company is targeting growth in North America and Europe by 2024, utilizing the recent USD 45. 00 mn funding to bolster its R&D efforts and production capabilities.
This will enable them to enhance their custom manufacturing services and develop innovative solutions in the specialty chemical sector.
Current Investors
Arsenal Capital Partners
Primary Industry
Chemicals
Sub Industries
Adhesives & Sealants, Medicinal Chemicals & Botanicals, Paints & Coatings, Molecular Chemicals
Website
www.cpsperformancematerials.com
Verticals
Manufacturing
Company Stage
Buyout
Total Amount Raised
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CPS Performance Materials Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Far Chemical, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | RG Dispersants | - | ||||||||
| Add-on | Completed | GEO Specialty Chemicals, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Far Chemical, Inc. | - | ||||||||
| Buyout | Completed | CPS Performance Materials Corp. | - |
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