Maroon, an Avon, Ohio-based distributor of specialty chemicals, received a majority investment from New York-based private equity firm CI Capital Partners.
The amount of the transaction was not disclosed. Maroon’s management team retains a significant equity interest in the company.
Founded in 1977 and led by Mark Reichard, President and CEO, Maroon supplies specialty additives, resins, pigments and packaging to North American manufacturers through a network of distribution centers across North America. It serves nearly 900 customers.
FinSMEs
07/07/2014