Chase Corporation to acquire PE-backed chemicals company NuCera for $250m

• Lincoln International acted as sell side advisor to SK Capital and NuCera while Goodwin Procter LLP provided legal counsel
• Moelis acted as buy side advisor and Nelson Mullins acted as legal counsel to Chase Corporation
• SK Capital has approximately $6.6 billion of assets under management

Chase Corporation, a specialty chemicals company, has agreed to acquire NuCera Solutions, a portfolio company of SK Capital, for $250 million.

Formed through the carve-out of Baker Hughes’ specialty polymer business, NuCera is a maker of high-end polymer technologies and polymerization methods serving demanding applications. NuCera operates globally with headquarters in Houston, Texas, a primary production facility in Barnsdall, Oklahoma, and international sales offices in France and Singapore.

“It has been a pleasure to support the development and growth of NuCera,” said Mario Toukan, managing director of SK Capital, in a statement. “SK invested heavily in NuCera’s people, capabilities and facilities, establishing a leading platform of technology-oriented, specialty polymers. We believe NuCera is well-positioned to continue its growth under Chase Corporation’s ownership and we wish them continued success.”

Lincoln International acted as sell side advisor to SK Capital and NuCera while Goodwin Procter LLP provided legal counsel. Moelis acted as buy side advisor and Nelson Mullins acted as legal counsel to Chase Corporation.

Chase Corporation was founded in 1946.

SK Capital invests in the specialty materials, chemicals and pharmaceuticals sectors. The firm currently has approximately $6.6 billion of assets under management.