Specialty chemicals provider KMG acquired Flowchem, a manufacturer of Pipeline performance products. KeyBank acted as agent for a loan commitment of $600 million to support the acquisition.
Kirkland & Ellis represented private equity firm Arsenal Capital Partners in its fundraising for Arsenal Capital Fund IV at its $1.3 billion hard cap.
Polymer Solutions Group, a platform of Arsenal Capital Partners, acquired Flow Polymers. Twinbrook Capital and Kayne Anderson, the company’s existing lenders, provided debt financing in support of the acquisition.
Arsenal Capital’s Diversified Global Graphics Group completed the refinancing of its senior debt with Cole Taylor Business Capital. The terms of the loans were not disclosed.