Peak Rock Capital, a middle-market private investment firm, said that one of its affiliates has agreed to acquire Rochester Midland Corporation (RMC), in partnership with the chemical manufacturer’s founding family and management team.
Founded in 1888, Rochester Midland is a premier supplier of specialty chemical products and value-added services, catering to diverse end markets like food and beverage, healthcare, packaging, and facility services. The company is based in Rochester, New York, with additional facilities across the U.S., Canada, and the U.K.
Managing Director of Peak Rock Capital, Jordan Campbell, commented, “RMC represents an exciting opportunity to invest in a supplier of mission-critical services that enable customers to operate safely and efficiently. We look forward to helping the Company accelerate its growth trajectory while pursuing complementary acquisitions to extend RMC’s production capabilities, geographical presence, and service offerings.”
Echoing this sentiment, Dave Alter, another Managing Director of Peak Rock Capital, noted, “RMC has demonstrated an ability to deliver consistent, long-term growth while fostering highly loyal customer relationships.”
Kathy Lindahl and Brad Calkins, Co-CEOs of RMC, jointly remarked, “After an extensive search, it is clear that Peak Rock is the right partner for the Company as we begin this next phase of growth.”
The CEO of Peak Rock Capital, Anthony DiSimone, also added, “This transaction further exemplifies Peak Rock’s deep experience investing in family and founder-owned businesses.”
The financial details of the deal have not been disclosed. The partnership with Peak Rock Capital paves the way for the company’s future growth and better service provision to its customers.
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