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Palo Duro Basic LLC has formed CCR Specialty Chemicals LLC, a provider of formulated specialty actinic products. No banking agreement were appear for the transaction that was done in affiliation with a actinic area special-purpose agent controlled by Mario Toukan. 

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PRESS RELEASE

DALLAS, Sept. 13, 2018 /PRNewswire/ — Palo Duro Capital, LLC (“Palo Duro Capital”), an industrial-focused clandestine disinterestedness firm, in affiliation with a committed actinic area SPV controlled by Mario Toukan (together the “Sponsor”), appear today that it has formed CCR Specialty Chemicals, LLC (“CCR” or the “Company”) in affiliation with the accretion of Crowley Chemicals, Inc. (“Crowley”) and Rusmar, Inc (“Rusmar”). CCR is a specialty formulator of achievement chemicals confined a assorted ambit of end markets. Crowley produces a band of specialty ambrosial oil blends acclimated by compounders to extend ambrosial polyurethanes, adhering resins, ambrosial based rubbers, PVC plastisols and unsaturated polyester resins which lower conception costs and advance all-embracing performance. Rusmar has developed a alternation of water-based and latex-based aqueous cream solutions that accept a array of health, assurance and ecology applications in the landfill, ecology remediation and mining markets.

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“Crowley and Rusmar are accustomed leaders in accouterment aerial achievement solutions to ambitious end markets,” said Palo Duro Basic Accomplice Matthew Golden. “The administration aggregation has done an amazing job alive able operational achievement while continuing to extend the Company’s ability into new applications.” Mario Toukan added “The aggregation has an accomplished clue almanac apprenticed by a chump axial focus and aerial affection products, and we attending advanced to advance added basic to abutment both amoebic advance initiatives and cardinal follow-on acquisitions.”

“The administration aggregation at CCR is abundantly aflame to accomplice with this aggregation of acclimatized specialty actinic investors,” said Bill Callanan, CCR CEO and Chairman. “We accept an aberrant befalling to advance advance and accomplish investments in artefact formulations to accommodate tailored solutions for our customers. Mario and Matt’s acceptability in the chemicals area and clue almanac for advance in and growing businesses is impressive. This makes them ideal ally for CCR and I am actual aflame to coact with them on this opportunity.”

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“The aggregate of CCR’s best-in-class artefact portfolio and acceptability for unparalleled chump account makes this an agitative belvedere investment,” added Phil Johnson, CCR President. “We attending advanced to alive a buy and body action to aggrandize the company’s capabilities and advance growth.”

About Palo Duro CapitalPalo Duro Capital, LLC is a Dallas, Texas-based, lower middle-market clandestine disinterestedness close which works in affiliation with business owners and administration teams to access market-leading manufacturers of specialty chemicals, automated articles and bartering architecture products. The Palo Duro Basic operating ally accompany decades of administration acquaintance in the focus industry segments and assignment collaboratively with administration to facilitate abiding cardinal growth. Palo Duro Basic has ability in sourcing and alive commutual add-on acquisitions to supplement amoebic advance initiatives. For added information, amuse appointment www.palodurocapital.com.

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Mario Toukan BioMario Toukan spent about 20 years as a actinic M&A broker and best afresh was all-around arch of chemicals, abstracts and packaging at KeyBanc Basic Markets. Since d the administration role in 2012, Mario congenital the best alive chemicals authorization on Wall Street advising on about $13.5 billion in transaction amount apery 35 M&A transactions. Prior to KeyBanc, he was with Barclays Basic and affiliates, and Arthur Andersen. Mario accelerating summa cum laude from the Fisher College of Business at the Ohio State University. In addition, he is a cardinal broker and lath affiliate of VersaFlex (an automated coatings business based in Kansas City, KS) and a lath affiliate of the Accomplish A Wish Foundation.

About CCR Specialty ChemicalsCCR Specialty Chemicals, LLC, through its wholly-owned subsidiaries Crowley Actinic Company, LLC and Rusmar, Inc., has been a arch provider of formulated specialty actinic articles for over 95 years. Crowley Actinic Company, LLC articles and distributes amoebic chemicals acquired from petroleum derivatives and serves as a custom formulator of specialty ambrosial oils for coatings adhering and adhesive applications. Rusmar Inc. manufacturers and broadcast specialty foams and accessories for barter in solid waste, ecology remediation and mining industries. For added information, amuse appointment www.crowleychemical.com and www.rusmarinc.com.

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