Audax-backed Innovative Chemical Products adds ASTEC to portfolio

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12 Mar, 2019

Author Maera Tezuka
Theme Banking

North American specialty chemical manufacturer Innovative Chemical Products Group bought fluid-applied membrane systems brand ASTEC.

The acquisition will enable Innovative to expand its product offerings to commercial building contractors and facility managers.

Innovative is a portfolio company of Audax Management Co. LLC, also known as Audax Private Equity.

Author
Maera Tezuka
Theme
Banking

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Audax-backed Innovative Chemical Products adds ASTEC to portfolio