Pritzker Private Capital announced that it has acquired the Vertellus group of companies, a specialty chemicals manufacturer.
PPC is investing alongside John Van Hulle, president and CEO of Vertellus, as well as other members of the Vertellus management team.
Van Hulle and existing management will continue to lead the business.
Headquartered in Indianapolis, Vertellus is a leading provider of specialty chemicals for the healthcare, personal care, food & agriculture, coatings and transportation markets.
Founded in 1857, Vertellus manufactures more than 700 products. The company serves customers across the globe from 10 manufacturing facilities located in the United States, United Kingdom, India and China.
“Vertellus is a leading specialty chemicals manufacturer with strong growth prospects and a compelling market opportunity,” said Thomas Chadwick, principal at Pritzker Private Capital. “We are pleased to partner with John and the talented Vertellus team to continue providing best-in-class products and support to its customers. The company plays an important role in the development and production of in-demand consumer and industrial products, and we look forward to supporting Vertellus on its continued expansion and innovation excellence.”
“Over our 150+ year history, Vertellus has built a culture committed to delivering industry-leading, high-quality products and services to our customers across the end markets we serve,” Van Hulle added.