Seatex

MILWAUKEE (October 31, 2024) The Riverside Company, a global private investment firm focused on the smaller end of the middle market, has invested in Seatex, a leading provider of chemical manufacturing and technology solutions for startups through Fortune 100 companies. Grace Matthews advised the shareholders of Seatex, formerly a portfolio company of Cotton Creek Capital, on this transaction.

Headquartered in Rosenberg and with facilities in El Campo and Pasadena, Texas, Seatex offers an expansive range of technology and manufacturing capabilities encompassing virtually every aspect of chemical solutions, from process development and formulation support to high-shear blending to complex reactions.

“For over 50 years, Seatex has earned the trust of the chemical industry by providing superior chemical formulation and manufacturing services,” said Seatex CEO Jonathan O’Dwyer. “We’re thrilled to partner with the Riverside team for the next phase of our growth plan.”

Riverside Partner Craig Kahler added, “With over five decades of experience in complex chemical blending, reactions, formulation and supply chain management, the company is well-positioned as a leader with scalable growth potential to support existing and new customers. We will continue to support Seatex as it expands its capabilities and services offering.”

For more than 50 years, Seatex has been a trusted partner for startups all the way through Fortune 100 companies. They are a chemical manufacturer that provides a range of services for specialty chemicals to a variety of industries, including construction, food and beverage, coatings, adhesives, sealants, elastomers, household, industrial, and institutional cleaning, lubricants, and metalworking. For more information, visit www.seatexcorp.com.

Based in Austin, Texas, Cotton Creek Capital is an operationally focused private equity firm that focuses on investing in and growing lower middle market companies in infrastructure services, specialty chemical, building products, food and beverage and industrial services sectors. The firm targets businesses with EBITDA between $5 million and $15 million, investing in situations ranging from buyouts, recapitalizations, buy-and-builds to corporate divestitures. Cotton Creek Capital partners with exceptional management teams, collaborating to develop a focused vision and execution plan based on company-specific objectives. Cotton Creek Capital’s senior investment professionals have extensive experience investing in privately held businesses with an active approach that enables Cotton Creek Capital to work in concert with management teams to build market-leading businesses. For further information, visit Cotton Creek’s website at www.cottoncreekcapital.com.

The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies. For more information visit www.riversidecompany.com.

Grace Matthews, Inc., a Milwaukee-based investment bank, provides merger, acquisition, and corporate finance advisory services to private and public companies across the chemical and material science value chain. Over the past 25 years, Grace Matthews has successfully completed over 150 transactions on behalf of clients ranging from private, middle-market companies to large, foreign or U.S.-based multi-nationals. For more detailed information on Grace Matthews, visit gracematthews.com.