Polymer Solutions Group, LLC
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Polymer Solutions Group, LLC - overview
Established
2015
Location
Cleveland, OH, US
Primary Industry
Chemicals
About
Polymer Solutions Group (PSG) is a US-based manufacturer specializing in custom polymer additives and dispersions for the rubber, plastic, and engineered wood industries, enhancing processing efficiency and performance. Founded in 2015 and headquartered in Cleveland, US, Polymer Solutions Group (PSG) manufactures specialized polymer additives for various industries. The company was acquired by The Jordan Company from Arsenal Capital Partners in November 2019. CEO Mike Ivany leads PSG, focusing on innovative solutions for tire and rubber manufacturers primarily in North America and Europe.
Polymer Solutions Group (PSG) specializes in the manufacturing of proprietary and custom polymer additives, dispersions, and release agents designed for the rubber, plastic, and engineered wood industries. Their core offerings include SureMix® Functional Process Aids, enhancing the performance of silica and carbon black-based tire and rubber compounds, and Promix® with NoMass™ Technology, which homogenizes dissimilar polymers to improve rubber compound processability. PSG's products are vital for optimizing processing efficiency, reducing conversion costs, and minimizing carbon footprints, primarily serving leading global tire manufacturers and the rubber and plastic industries. PSG operates on a B2B model, generating revenue through the sale of flagship products such as SureMix® and Promix®, alongside custom solutions for its clients.
The company engages in contract agreements with long-term partners, reflecting the complexity and customization of solutions offered. PSG’s focus on innovation and customer-centric products supports sustained revenue through continuous engagement with existing clients and acquisition of new ones. With its most recent acquisition occurring on November 26, 2019, Polymer Solutions Group aims to expand its product offerings and market presence. Strategic plans include the launch of new products tailored to client needs, with specific timelines to be determined.
PSG is also targeting expansion into new geographic regions beyond its current focus in North America and Europe to increase its market share in the rubber and plastic industries. The recent acquisition has provided the company with the resources necessary to support these initiatives, driving its growth strategy forward.
Current Investors
Arsenal Capital Partners, TJC
Primary Industry
Chemicals
Sub Industries
Adhesives & Sealants, Commodity Chemicals
Website
www.polymersolutionsgroup.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Polymer Solutions Group, LLC - 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 | Polymer Solutions Group, LLC | - | ||||||||
| Secondary Buyout | Completed | Polymer Solutions Group, LLC | - | ||||||||
| Buyout | Completed | Flow Polymers, LLC | - | ||||||||
| Add-on | Completed | Phoenix Chemical Company, Inc. | - | ||||||||
| Add-on | Completed | Alkon Solutions Ltd. | - |
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