Funds advised by SK Capital Partners, a private investment firm focused on the specialty materials, ingredients and life sciences sectors, acquired Isolatek International, a manufacturer and supplier of passive fireproofing technologies. Bank of America provided debt financing to support the transaction.
Citizens M&A Advisory served as exclusive financial advisor to Lacerta Group on the company’s recapitalization by SK Capital.
SK Capital completed its acquisition of Perrigo’s active pharmaceutical ingredients business and renamed it Wavelength Pharmaceuticals.
SK Capital Partners closed its previously announced acquisition of Chemtura, which will function independently as Addivant, a global supplier of a comprehensive portfolio of additives.
SK Capital Partners acquired the Textile Chemicals, Paper Specialties and Emulsions businesses of Clariant, a specialty chemical company. The transaction is expected to close by the end of the second quarter of 2013.