ArrMaz Custom Chemicals changes private equity owners

Private equity firm Golden Gate Capital (GGC; San Francisco) has acquired ArrMaz Custom Chemicals (Mulberry, FL) from its previous owner, Snow Phipps (New York). Terms of the deal, including financial details, were not disclosed. ArrMaz makes process chemicals and additives for the fertilizer, industrial minerals, and asphalt sectors.   ArrMaz’s senior management team will remain in place, GGC says. “Golden Gate Capital’s substantial financial resources and long-term outlook will enable ArrMaz to capitalize on an array of opportunities...

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