Merichem Technologies Company
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Merichem Technologies Company - overview
Established
1945
Location
Houston, TX, US
Primary Industry
Chemicals
About
Based in Delaware, US, and founded in 1945, Merichem Technologies Company operates as a chemical company specializing in sulfur-treating technologies and solutions. In January 2024, the firm was acquired by Black Bay Energy Capital from Merichem Company. The firm as of January 2024, has offices in Texas and Alabama, and is led by its CEO, Cyndie Fredrick. Merichem Technologies excels in design, engineering, fabrication, R&D (research and development), and implementation of both chemical catalysts and mechanical solutions, addressing sulfur and impurities.
It offers these services across diverse sectors such as renewables, gas treating, downstream, midstream, and more. The company utilizes technologies like LO-CAT®, FIBER FILM®, THIOLEX®, MERICAT®, and MERICON®, for its sulfur-treating solutions for sulfur removal, caustic treating, and spent caustic treatment. Additionally, the company has a process technology unit and a caustic services business unit in Houston, Texas, and a catalyst plant in Tuscaloosa, Alabama. The January 2024 acquisition will help Merichem Technologies Company to expand its portfolio and accelerate its business growth.
Current Investors
Black Bay Energy Capital
Primary Industry
Chemicals
Sub Industries
Chemicals
Website
www.merichemtech.com
Verticals
Manufacturing
Total Amount Raised
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Merichem Technologies Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Merichem Technologies Company | - |
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