River’s Edge Alliance Group is pleased to announce that on July 8, 2020 ChemMasters, Inc. completed the acquisition of Vexcon Chemicals.
ChemMasters, Inc. is a family owned manufacturer specializing in concrete coatings and chemicals for highway, commercial, and residential construction projects.
Vexcon Chemicals is a manufacturer of construction materials for applications including concrete protection and repair, decorative and polished concrete, moisture control, new construction, waterproofing, corrosion management, and high-performance floor and all coatings.
ChemMasters Chairman, PJ Murphy, said, “Darryl Manuel spent many years building one of the most competitive concrete chemical companies in the industry. We‘ve always felt that our technical capabilities were a level above our competition. But quite honestly, it was a real challenge competing with Darryl and his team year-after-year. So, the prospect that one day we might combine the competencies of Vexcon and ChemMasters to elevate the value that we offer our distributor partners, has been an exciting idea for some time. Now that the acquisition is complete, we feel good about what the future holds. And, the deal would not have been completed so smoothly without the contributions from Scott and Jaclyn at REAG. We’ve been with them for some time and what sets them apart is Jaclyn’s ability to develop and manage new relationships with sellers and Scott’s ability to navigate roadblocks that would otherwise jeopardize a deal. They have been fantastic to work with.”
REAG, a lower-middle market mergers and acquisitions firm, served as the exclusive buy-side advisor to ChemMasters on the transaction. For more information about REAG buy-side services please contact Scott Mashuda at 440-915-3082.