Crown carbon reduction technologies

MILWAUKEE (November 2, 2022) – Crown Carbon Reduction Technologies (“Crown”), a value-added specialty chemicals service provider and portfolio company of Merit Capital Partners has been acquired by Colonial Group, Inc. (“Colonial”). Grace Matthews advised Crown and Merit Capital Partners on the transaction.
Founded in 1989 and based in Gillette, Wyoming, Crown is a leading provider of turn-key chemical solutions, including dust control, freeze conditioning, road stabilization, and water treatment, that improve the efficiency and sustainability of the mining and energy industries. Crown’s technologies help companies in the mining, exploration, and production industries to reduce scope emissions, comply with industry regulations, and improve their overall carbon footprint and social presence. Crown has also invested in the commercialization of fuel catalyst products, an offering that has demonstrated dramatic efficiencies in diesel fuel consumption and has expanded Crown’s reach to new end markets.
Doug Simmons, President and CEO of Crown, commented, “We’re excited to become part of the Colonial team – the strong cultural fit will provide numerous opportunities for the team, and we see tremendous growth potential ahead that will deliver significant value to our customers and our suppliers.”
“We are excited to add Crown Carbon Reduction Technologies to our family of companies,” said Christian Demere, President and CEO of Colonial Group, Inc. “We look forward to working with Doug and the entire Crown team in supporting their continued growth and success.”
Crown Carbon Reduction Technologies provides comprehensive solutions that improve the efficiency and sustainability of the mining and energy-producing industries. We promote efficient material handling, improve operational reliability, and reduce fuel requirements and reportable emissions. Crown provides customized solutions to satisfy customer expectations and deliver quantifiable results. Our technologies enable customers to lower their carbon footprint, meet regulatory standards, achieve their environmental objectives, and improve their bottom line. To learn more about Crown, please visit
A fourth-generation family-owned business founded in 1921, Colonial Group Inc. (“Colonial Group”) is a diversified energy and port-related company headquartered in Savannah and one of America’s largest privately-held companies. In 2021, the company marked its 100th anniversary by celebrating with its dedicated team of more than 2,000 employees, giving to hometown causes and observing historical milestones. Over the years, the business has diversified to be the umbrella company of Colonial Oil, Colonial Terminals, Colonial Fuel & Lubricant Services, Enmark Stations/enmarket, Colonial Energy, Colonial Chemical Solutions, Colonial Towing, Savannah Yacht Center, and Aqua Smart. For more information on Colonial Group Inc., please visit
Since 1993, Merit Capital Partners has raised and managed $2.8 billion across seven institutionally sponsored limited partnerships, deploying capital in 98 platform investments. Merit invests in minority and majority recapitalizations, management buyouts, acquisition financings, and other shareholder liquidity events. The firm seeks to partner with founders, business owners, management teams, and independent sponsors. Merit continues to pursue investments in high-quality, established businesses with carefully conceived operating strategies across the manufacturing, distribution, and services industries. Focusing on companies with EBITDA over $4 million (all sizes considered for portfolio add-on investments), Merit targets new platform investments between $15 million and $60 million. Visit for more information.

has been acquired by 

Grace Matthews advised Crown Carbon Reduction Technologies and Merit Capital Partners

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