Sprayway Inc.
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Sprayway Inc. - overview
Established
1947
Location
Downers Grove, IL, US
Primary Industry
Chemicals
About
Sprayway Inc. , based in the US, specializes in a diverse range of cleaning products for both industrial and consumer use, ensuring effective solutions across various sectors. Sprayway Inc. was founded in 1947 in Downers Grove, US, focusing on the manufacturing of cleaning products.
In January 2026, Highline-Warren, a portfolio company of Pritzker Private Capital, acquired Sprayway Inc. from PLZ Aeroscience Corporation. Sprayway Inc. offers an extensive selection of industrial and consumer cleaning products, including a renowned line of glass cleaners and industrial-grade degreasers.
Their flagship product, Sprayway Glass Cleaner, is recognized for its effectiveness, catering to industries like automotive and property maintenance. Additionally, the company produces automotive detailing supplies and housekeeping products, with a significant international market presence across North America, Europe, and parts of Asia. Sprayway Inc. operates on a direct-to-consumer and B2B sales model, facilitating transactions primarily through retailers and wholesalers.
The sales strategy is centered around core products such as the Sprayway Glass Cleaner, with pricing structures designed to accommodate both large-scale industrial users and smaller businesses. Specific product offerings form the basis of their revenue, while flexible pricing enhances accessibility. The acquisition by PLZ Aeroscience Corporation is set to support Sprayway Inc. in launching upcoming products and expanding its market presence.
There are plans for new product designs and releases, although specific dates have not been disclosed. The funding from the acquisition will be utilized to bolster these initiatives, enhancing the company's operational capabilities and market reach.
Current Investors
PLZ Aeroscience Corporation
Primary Industry
Chemicals
Sub Industries
Household Appliances, Commodity Chemicals
Website
https://spraywayretail.com/
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sprayway Inc. - 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 | Sprayway Inc. | - | ||||||||
| Add-on | Completed | Sprayway Inc. | - |
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