Sale to PolyOne Corporation

Industrial
Sale to PolyOne Corporation

Summary

Baird served as financial advisor to ColorMatrix Group, Inc. on this transaction

About

ColorMatrix Group, Inc. (“ColorMatrix” or the “Company”), a portfolio company of Audax Group, recently completed its sale to PolyOne Corporation ("PolyOne") (NYSE:POL) for approximately $486 million in cash.

Headquartered in Berea, Ohio, ColorMatrix is a leading specialty provider of innovative liquid colorants and additives. The Company serves diverse segments, including rigid beverage and food packaging, industrial extrusion, performance molding, wire, cable, fiber and silicone rubber markets. ColorMatrix has operations, R&D capabilities and customer reach throughout the globe, with approximately 70 percent of revenues generated outside of North America.

Headquartered in Boston, Massachusetts, Audax Group is a leading investor in middle market companies. Established in 1999, Audax manages over $4.8 billion of capital through its private equity, mezzanine debt and senior secured debt funds.

PolyOne Corporation is a premier provider of specialized polymer materials, services and solutions. Headquartered outside of Cleveland, Ohio, PolyOne has operations around the world. PolyOne is publicly traded on the New York Stock Exchange.

For additional information about this transaction, please contact:

Chris McMahon (312) 609-4983
Trish Hansen (414) 765-3521
Les Cheek (617) 426-5789
Michael Wolff + 49 (69) 130 149-49
Industrial
Sale to PolyOne Corporation
Date
December 2011
Company
ColorMatrix Group, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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