The Valence Group advised TA Associates, a Boston-based private equity firm, on the sale of its portfolio company, Microban, a world leader in the provision of branded antimicrobial ingredients, to W.M. Barr. The terms of the transaction were not disclosed.
Microban engineers durable antimicrobial solutions for consumer, industrial and medical products around the world. W.M. Barr produces specialty cleaning products serving consumer and industrial customers in the home improvement, household and automotive industries.
We are delighted to have been involved in the sale of this premier and fast-growing specialty chemical company operating in one of the most attractive sub-sectors of the industry, said The Valence Group partner, Joshua Hay.
Telly Zachariades, co-founder and partner at The Valence Group, added: This transaction continues our strong performance of 9 announced transactions in 2011 and firmly establishes Valence as the most active M&A advisor in the chemicals and material industry by some distance