Shrieve Chemical Company
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Shrieve Chemical Company - overview
Established
1978
Location
The Woodlands, TX, US
Primary Industry
Chemicals
About
Based in the US, Shrieve Chemical Company specializes in supplying and distributing a wide range of specialty and commodity chemicals tailored for diverse industrial applications. Shrieve Chemical Company, founded in 1978 in The Woodlands, US, is engaged in the supply and distribution of specialty and commodity chemicals. The company has not reported any changes in its business strategy or operations. George Fuller and Ted Threadgill serve as the CEOs.
The firm has completed two deals, with the most recent occurring on October 31, 2024. Shrieve Chemical is a prominent supplier and distributor of specialty and commodity chemicals, offering a comprehensive range of products designed to meet the diverse needs of various industries. Among its core product offerings are tailored lubricants and performance products, which include the ZEROL®, PROGILINE®, and ICE brands. These lubricants are engineered to operate efficiently across a multitude of applications, including refrigeration, industrial machinery, and energy production.
The company serves a broad customer base, including sectors such as oil and gas, industrial manufacturing, personal care, and food ingredients. With an established presence in markets across North America, South America, Europe, and Asia, Shrieve Chemical focuses on delivering customized solutions and rapid response services, thereby addressing the unique challenges faced by its clients in these regions. Shrieve Chemical's revenue is generated primarily through business-to-business transactions with a wide range of clients, including major industrial players and specialized manufacturers. The company implements a transaction structure that emphasizes direct sales and partnerships, facilitating the distribution of its products across various sectors.
Flagship offerings, including the ZEROL® lubricants, are typically sold through contract agreements and bulk orders, enabling clients to access high-quality products tailored to their operational needs. The pricing strategies employed by Shrieve Chemical reflect the premium quality of its offerings, ensuring that clients receive effective solutions that promote efficiency and reliability in their respective applications. The company’s financial performance is bolstered by its strategic focus on high-demand markets and continuous innovation in product development. In October 2024, Gemspring Capital moved Shrieve Chemical Company to the Shrieve Chemical Company Continuation Fund, with financial terms not disclosed.
The acquisition will support the firm's organic growth and buy-and-build strategy. Shrieve Chemical plans to enhance its product offerings and has outlined intentions to launch new lubricants in the upcoming year. Additionally, the company is exploring expansion into the Asian markets, aiming to establish a more robust presence by the end of 2025.
Current Investors
Gemspring Capital
Primary Industry
Chemicals
Sub Industries
Commodity Chemicals
Website
www.shrieve.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Shrieve Chemical 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Carbon Chemicals Group Ltd | - | ||||||||
| Add-on | Completed | Connection Chemical, LP | - | ||||||||
| Secondary Buyout | Completed | Shrieve Chemical Company | - | ||||||||
| Add-on | Completed | TLC Ingredients, Inc. | - | ||||||||
| Add-on | Completed | Gilbert & Jones | - |
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