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Private Equity firm acquires distributor Maroon Group

4:26 PM MDT | July 21, 2014

Private Equity firm CI Capital Partners (New York) has acquired specialty chemical distributor Maroon (Avon, OH). Maroon’s management team retains significant equity interest in the company, CI Capital says, however terms of the transaction have not been disclosed. Maroon supplies nearly 900 customers with over 30 million lbs of specialty additives, resins, and pigments annually—focusing on the plastics, coatings, composites, rubber, and adhesives markets. The group operates out of 12 locations in North...

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