February 20th, 2024 – CriticalPoint is pleased to announce that it served as the exclusive financial advisor to C&S Chemicals, Inc. (“C&S” or the “Company”), a portfolio company of Shoreline Equity Partners (“Shoreline”), on its acquisition of ISI Water Chemistries, Inc. (“ISI”).
Based in Bluffdale, UT, ISI is a leading provider of cooling tower and boiler water treatment services. ISI serves over 200 customers in diverse end markets, including the food and beverage, pharmaceutical, and aerospace industries. The acquisition is C&S’s ninth add-on and marks its expansion into the Mountain West region. This is the first sourced transaction with Criticalpoint. To learn more about ISI, please visit, www.isiwater.com.
About C&S Chemicals
Founded in 1980 and headquartered in Roswell, GA, C&S Chemicals is a leading provider of specialty treatment solutions to industrial and municipal end markets. With over 275 employees and nine facilities located across the United States, C&S strives to provide superior service and a quality product to every customer. The Company serves a highly diversified base of customers across the municipal and industrial sectors, differentiating itself through quality customer service, distribution, and logistics. For more information, please visit www.candschemicals.com.
About Shoreline Equity Partners
Shoreline is a lower middle market private equity firm focused on actively partnering with leading management teams. Shoreline follows a total stakeholder model, meaning success should be a “win-win” proposition for shareholders, employees, customers, vendors, and the communities within which the firm’s companies operate. Shoreline professionals believe in honesty, incentive alignment, and creating bigger, better businesses without relying on financial engineering or cost cutting to generate returns. With over $750 million of committed capital under management, Shoreline seeks to lead equity investments of up to $150 million per transaction in support of buyouts, recapitalizations, and corporate divestitures. Targeted businesses have enterprise values ranging from $50 million to $350 million and EBITDA of $5 million to $25 million. The firm strives to partner with management teams of businesses primarily within the specialized manufacturing, value-added distribution, and business and facility services sectors, among others. For more information, please visit www.shorelineequitypartners.com.
CriticalPoint served as the exclusive financial advisor to C&S in connection with the transaction. The transaction demonstrates CriticalPoint’s expertise in middle market advisory and commitment to act as a trusted advisor with proven abilities to deliver for its clients.
If you would like more information about CriticalPoint or have questions regarding this transaction, please contact:
Joe Onwuegbusi
Managing Director
Direct: (424) 567-6182
[email protected]
Willy Doremus
Vice President
Direct: (424) 206-5064
[email protected]
About CriticalPoint
Headquartered in Los Angeles, CriticalPoint is a leading full-service financial M&A firm that uniquely combines the best of investment banking, private capital, and valuation service offerings. CriticalPoint executes, sources, and invests in deals across a wide variety of industries for the traditionally underserved middle market. Since our founding in 2012, our mission has been to serve the needs of owners, entrepreneurs, management teams, and stakeholders with our experience, knowledge, and expert judgment, to help them realize their companies’ greatest potential. From our deep-rooted foundation in private equity and investment banking, and our devotion to deal origination and business development, combined with being entrepreneurs at heart, we believe we are differentiated and well positioned to help companies wherever they are in their life cycle.
Messrs. Onwuegbusi and Doremus are Registered Representatives of, and Securities Products are offered through CriticalPoint Partners, LLC Member FINRA, SIPC. Any testimonial or endorsement may not be representative of the experience of other customers and is no guarantee of future performance or success.
