Merichem Company's Caustic Services business

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Merichem Company's Caustic Services business - overview

Location

-, -, US

Primary Industry

Chemicals

About

Merichem Company's Caustic Services operates within the hazardous waste management sector, focusing on the beneficial reuse of spent caustics for industrial applications across the globe. Merichem Company, now rebranded as VLS SustainChem, specializes in hazardous waste management solutions tailored for the chemical and petrochemical industries. The company has a headquarters in the United States. In January 2026, VLS Recovery Services, LLC, a portfolio company of I Squared Capital, acquired Merichem Company's Caustic Services business.


The financial terms of the transaction were not disclosed. Merichem Company, now VLS SustainChem, specializes in the beneficial reuse of spent caustics and hazardous waste management solutions tailored for the chemical and petrochemical sectors. The company provides advanced caustic waste solutions that divert hazardous waste streams into applications for reuse, effectively addressing the sustainability demands of industrial clients. Their core offerings include comprehensive services for managing, treating, and reusing caustic waste, which are designed to meet the regulatory and operational needs of refineries and various industrial applications.


Merichem's client base spans global industrial clients, including those in Europe, Asia, and North America, who utilize these services to achieve compliance with environmental regulations and enhance sustainability efforts. With a strong emphasis on environmental stewardship, the company has established itself as a leader in this niche market and has built an 80-year legacy of innovative solutions that cater to the evolving challenges faced by its customers. Merichem generates revenue through its caustic services business by engaging in direct B2B transactions with industrial clients and refineries that require hazardous waste management solutions. The transaction structure involves providing customized service agreements that outline the terms of waste management, treatment, and beneficial reuse of spent caustics and associated by-products.


Typically, these agreements facilitate ongoing partnerships with clients who seek to optimize their waste handling processes while ensuring compliance with stringent environmental standards. The company’s flagship services focus on advanced caustic waste solutions, which are tailored to meet the unique operational needs of its clients. These services are provided at competitive pricing levels that reflect the technical expertise and value offered to customers, ensuring both operational efficiency and sustainability in waste management practices. Following the acquisition and rebranding as VLS SustainChem, the company intends to leverage its advanced beneficial reuse solutions to expand into new industrial markets.


The integration into VLS’ Hazardous Waste division is expected to enhance its service offerings in North America, Europe, and Asia by facilitating the development of new products that meet the evolving demands of the market. Recent funding from the acquisition will support these initiatives, focusing on enhancing technological capabilities in waste management and expanding the company’s geographical footprint to include markets that require innovative environmental solutions.


Current Investors

VLS Recovery Services, LLC

Primary Industry

Chemicals

Sub Industries

Oil & Gas, Waste Management, Chemicals

Website

www.merichem.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Merichem Company's Caustic Services business - 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-on, Corporate Carve OutCompletedMerichem Company's Caustic Services business-

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