Edgewater Capital Awarded ACG Cleveland’s 2020 Buyout Firm Deal Maker Award
Cleveland, OH – February 10, 2020 – Edgewater Capital Partners (“Edgewater“), the engineered component and performance materials focused private equity firm, has been awarded the 2020 Deal Maker Award in the category of Buyout Firm by the Association for Corporate Growth (ACG) Cleveland.
ACG Cleveland is Northeast Ohio’s leading organization for merger and acquisition and corporate growth professionals. The organization celebrated its 24th year of the Deal Maker awards, which recognize superior accomplishments in utilizing acquisitions, divestitures, financings and other transactions to fuel sustainable growth. Recent Edgewater activity that led to the win included:
• Acquisitions – Haematologic Technologies, Inc., Race-Tec Sealing and Blue Diamond Technologies, Pure Wafer, Leeco Industrial Plastics, Inc.
• Divestitures – TRITEC Performance Solutions, Callery, FAR Chemical
• Financing – Closing of ECP IV fund in less than six months at its hard cap of $185 million in commitments, a nearly 117% increase over ECP III, Edgewater’s third fund from 2014
“We’d first like to thank KeyBanc, Taft and Jones Day for nominating us. We have been incredibly fortunate and have had some really remarkable success. We’ve more than doubled the organization and more than doubled our fund size as well, and it really comes down to the people. Our team is phenomenal, I would put them up against anyone in the industry,” said Ryan Meany, Edgewater Managing Partner.
“It’s very exciting for us to win this award and it’s very exciting for our people. It’s very validating of what we’ve been doing over the years and is a great honor. The ACG is a terrific organization, and we’re very humbled to be recognized,” added Chris Childres, Edgewater Managing Partner and Founder.
Winners were honored on Thursday January 23, 2020 at an event held at the Hilton Downtown Cleveland with more than 900 in attendance.
About Edgewater Capital Partners
Edgewater is a Cleveland based sector-focused private equity firm focused on making investments in middle and lower middle-market performance materials businesses, specifically within the specialty chemicals, pharmaceuticals, and engineered components and materials verticals. For additional information on Edgewater, visit the firm’s website at www.edgewatercapital.comor email at firstname.lastname@example.org.