Generational Equity Announces the Acquisition of the Refrigerant Assets of Pure Chem Separation, LP, by Diversified CPC Int'l, a Sumitomo Corporation
DALLAS, June 22, 2012 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses is pleased to announce the acquisition of its client, Pure Chem Separation, LP, headquartered in Rhome, Texas, by Diversified CPC International, a Sumitomo Corporation, headquartered in Channahon, IL. The transaction closed on April 30, 2012.
Pure Chem Separation, LP (Pure Chem) is a multi-dimensional EPA Certified Refrigerant Reclaimer. Pure Chem focuses primarily on an R-22 buyback program, but is also a trend setter in refrigerant buy back and processing programs for a variety of mixes. The Company pays the highest returns to HVAC contractors and end users. Pure Chem also has high volume and high purity processing capabilities for all kinds of mixed refrigerants with capacity exceeding 3 million pounds per year and has a highly successful carbon credit program.
Managing Director, Terry Mackin, and Vice President, Kyle Coe, led the Generational Equity deal team that advised Pure Chem on the transaction. "Our clients recognized the unique strategic opportunities right from the start of our discussions with Diversified CPC," said Mackin. "Unfortunately, the tragic events of the Japanese earthquake and tsunami put further discussions on hold for a time. But thanks to the efforts of both sides, the parties were able to remain committed until the time was right to reengage and complete the deal!"
"This is a great example of how dedicated our deal teams are to our clients," stated Ryan Binkley, President of Generational Equity. "Despite the tragic events that impacted the timing of this deal, Terry and Kyle never gave up on the buyer and the great opportunity presented to our clients with this synergistic opportunity."
Diversified CPC International is a global leader in the highest quality aerosol propellants, specialty gases, alternative fuels, NGL refrigerants, physical foam blowing agents, and related products available. The team produces and manufactures the above using a technology and customer-driven approach providing the customer with a unique advantage.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their business successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting/Advisory service firm of the year. For more information visit their websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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