Gabriel Performance Products of Ashtabula, Ohio is pleased to announce its sale to Edgewater Capital Partners, a private equity firm based in Cleveland, Ohio. Gabriel is a leading manufacturer of proprietary and custom formulated specialty chemical products, which are used in various industrial end-market applications. Gabriel’s current senior management team is remaining with the business post-closing. Edgewater and Management are excited at the opportunity to grow the business together.
Edgewater Capital Partners has completed six acquisitions in the specialty chemical market over the firm’s ten-year history. In addition, Edgewater currently manages Syrgis Performance Products, a $100 million diversified specialty chemical manufacturer headquartered in Covington, Kentucky. Edgewater is confident that Gabriel will serve as an excellent platform opportunity for additional acquisitions in the specialty chemical market.
Please visit Gabriel’s website at www.gabepro.com for additional details on Gabriel Performance Products.