We invest in profitable companies with strong niche positions within their industries. We are particularly interested in privately-owned companies in need of an ownership transition and divisions of larger companies that no longer fit their parent company's strategic direction.
ACS-Amistco provides solutions for a wide range of separation applications, including mist eliminators, mass transfer products and wedge wire screen products. The company has a diverse, global customer base across a variety of growing end markets, including chemicals, oil and gas, wastewater and power generation, among others.
- Location: Houston, TX
- Investment: July 2011 and December 2011
- Seller(s)/Deal Dynamic: Recapitalized Amistco in a July 2011 transaction in partnership with the company’s founder. In December 2011, merged Amistco together with the Separations and Mass Transfer business of ACS Industries, Inc. to create ACS-Amistco, which resulted in Rockwood owning a controlling stake in the combined companies while also providing a significant ownership stake to ACS shareholders on a go-forward basis.
- Industries Served: Oil and Gas / Industrial / Chemicals / Biofuels
- Outside Directors:
- Jeffrey Berlin - Founder of Bridge Industries; former President and COO at Hawk Corporation
- Michael McDonald - Former Division President and Group Vice President at Munters AB; former senior manager at Reda Pump Company
- Neil Plug - VP Global Quality and HSSE at World Fuel Services Corporation; former member of senior management at CITGO Petroleum Corporation
- Website: http://www.acs-amistco.com/