Sale to Filtration Group Corporation

Industrial
Sale to Filtration Group Corporation

Summary

Baird served as exclusive financial advisor to Multisorb Technologies, Inc. on this transaction

About

Multisorb Technologies, Inc. (“Multisorb” or the “Company”), a portfolio company of Summer Street Capital Partners LLC (“Summer Street” or the “Firm”), was recently acquired by Filtration Group Corporation (“Filtration Group”), an affiliate of Madison Industries (“Madison”). Terms of the transaction were not disclosed.

Multisorb is a leading global provider of sorbent solutions that extend product shelf or service life and protect product quality and functionality in healthcare, food and industrial markets. The Company’s sorbent solutions manage moisture, oxygen, odor and volatile organic compounds within a wide range of packaging forms. Multisorb is headquartered in Buffalo, New York.

Summer Street is a private equity fund with committed capital focused on investing in middle-market companies. The Firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies. Summer Street’s investors include insurance companies and leading pension funds such as the New York State Common Retirement Fund, which manages $192.4 billion in trust for over one million members, retirees and beneficiaries in New York State. Summer Street’s investments support management buy-outs, family transitions, corporate divestitures, growth financings and recapitalizations. Summer Street is headquartered in Buffalo, New York.

Filtration Group is making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. With a passionate team, global footprint and leading technology, Filtration Group is driving innovation and developing unparalleled filtration solutions. Filtration Group serves a highly diverse set of customers with offerings that span life science, process technologies, fluid and indoor air quality applications. One of the fastest growing companies in the industry, Filtration Group serves its customers from 100 facilities in over 25 countries.

Madison Industries is one of the largest and most successful privately held companies in the world. Madison builds entrepreneurially driven, branded market leaders that are committed to making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. The team at Madison is committed to building something truly remarkable that long outlasts us while coaching others to reach their highest potential.
CONTACT US TO LEARN MORE
Industrial
Sale to Filtration Group Corporation
Date
April 2018
Company
Multisorb Technologies, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

Share