[CHICAGO] – Pritzker Private Capital, a family-owned private equity firm, announced its agreement to acquire Buckman, a global specialty chemical company, from Peninsula Pacific Strategic Partners. This transaction bolsters Pritzker Private Capital’s portfolio in the industrial sector, adding Buckman’s expertise in water treatment, pulp and paper, and leather processing solutions to its holdings, with the deal set to close pending regulatory approval in 2025.
Buckman, founded in 1945 and headquartered in Memphis, Tennessee, operates 11 manufacturing facilities across 10 countries, serving industries with innovative chemical solutions that enhance operational efficiency and sustainability. The acquisition aligns with Pritzker Private Capital’s focus on middle-market companies with strong growth potential, leveraging its $1.8 trillion PE dry powder pool noted by industry peers Blackstone to pursue $20B in bolt-on opportunities amid 2025’s volatile 4.31% yield environment Federal Reserve.
For Peninsula Pacific Strategic Partners, this sale marks a strategic exit from its investment in Buckman, reflecting a shift in portfolio priorities after years of stewardship. Pritzker Private Capital plans to maintain Buckman’s operational integrity while exploring synergistic growth, potentially integrating its chemical expertise with existing portfolio companies to capture $8B in tariff-driven supply chain adjustments KPMG. CEO Christopher Girgenti highlighted Buckman’s global reach as a key driver, noting its fit within Pritzker’s long-term investment strategy.
This deal underscores middle-market M&A’s resilience—$395B in 2024 per S&P—offering Pritzker Private Capital a platform to navigate tariff and yield pressures while expanding industrial capabilities. Read the full announcement here.
