Edgewater Capital Partners

Edgewater Capital Partners is a private equity firm based in Cleveland, Ohio, established in 1982. The firm specializes in investing in lower middle-market companies within the performance materials sector, focusing on niche manufacturers of specialty chemicals, pharmaceuticals, and engineered substances. With over twenty-five years of industry-specific experience, Edgewater has developed a profound understanding of the complexities inherent in specialty industrials, life sciences, advanced materials, and specialty chemicals. This expertise enables the firm to identify and capitalize on investment opportunities within these specialized markets.

Timothy Cheslik

Associate

Chris Childres

Founder and Managing Partner

Mack Doyle

Principal

Sarita Gavhane

Principal

Bob Girton

Managing Partner

Rakesh Kapoor Ph.D

Operating Partner, Materials Outovation

James Kline

Senior Associate

Brian Leonard

Managing Partner, CFO and CCO

Ryan Meany

Managing Partner and Chairman of the Investment Committee

Pete Ostergard

Managing Partner

Brian Scanlan

Operating Partner, Life Sciences

Richard T. Schwarz

Partner

J.R. Klonk

Associate

10 past transactions

Haematologic Technologies

Acquisition in 2019
Haematologic Technologies, Inc., founded in 1987 and based in Essex Junction, Vermont, specializes in the manufacture of high-quality plasma-derived coagulation proteins, antibodies, factor-deficient plasmas, and blood collection tubes for in vitro research applications. The company focuses on enhancing its manufacturing and quality control processes to ensure that its products meet high standards and maintain a competitive edge in the market.

Pure Wafer

Acquisition in 2018
Pure Wafer is a leading supplier of virgin silicon wafers, wafer reclaim services, and specialty thin film deposition products, serving a global customer base that includes major semiconductor manufacturers. The company offers a variety of wafer services such as lap, polish, clean, grind, etch, bond, and laser scribe, along with a range of wafer products including prime and test wafers. Additionally, Pure Wafer provides thin films for applications like thermal oxidation and spin coating, as well as custom packaging, labeling, local delivery, onsite support, and offsite storage services. Established in 2008 and based in San Jose, California, Pure Wafer has expanded its operations through multiple acquisitions, enhancing its capabilities and efficiency in the semiconductor supply chain. The company also has sales offices in Vancouver, Washington; Reno, Nevada; and Brunnthal, Germany, with a production facility located in Prescott, Arizona.

Callery

Acquisition in 2017
Callery Corporation produces and supplies specialty chemicals to customers in the United States and internationally. The company offers alkoxide bases, borane derivatives, alkali metals, and other highly reactive chemistries. It also provides customer support and engagement, on-site training, safe handling of reactives, and technical services. The company is headquartered in Evans City, Pennsylvania. As of September 24, 2019, Callery Corporation operates as a subsidiary of Ascensus Specialties LLC.

Fiber Materials

Acquisition in 2016
Fiber Materials Inc. specializes in the development and manufacture of high-temperature materials and composites tailored for industrial, commercial, and aerospace applications. Founded in 1969 and headquartered in Biddeford, Maine, the company produces a diverse range of products, including carbon/carbon composites, ceramic matrix composites, and advanced polymer matrix composites. Their offerings also include soft and rigid insulation solutions, phenolic impregnated carbon ablators, and specialty woven tapes. Fiber Materials serves various sectors, notably space, defense, aerospace, oil and gas, and luxury automobiles. In addition to manufacturing, the company provides technical and engineering support, alongside testing services covering thermal, mechanical, and non-destructive evaluations. With operations extending to a distribution center in Columbus, Ohio, Fiber Materials continues to meet the rigorous demands of industries requiring materials capable of withstanding extreme conditions, such as those found in missile technology.
Hyperloop Transportation Technologies Inc., founded in 2013 and based in Culver City, California, specializes in the development and manufacturing of tube-based transportation systems aimed at enhancing inter and intra-city travel. The company's flagship product, Hyperloop, integrates alternative energy and energy conservation systems to create a high-speed transportation solution designed to alleviate congestion and reduce travel times significantly. The concept gained prominence after Elon Musk introduced it in a white paper, inviting the public to advance the idea. Hyperloop Transportation Technologies has since emerged as a leader in this innovative sector, collaborating with a global community of experts to drive the project forward, serving both private and public sector clients in the United States and internationally while promoting a vision of sustainable and connected transportation.

DanChem

Acquisition in 2016
DanChem is a custom manufacturer specializing in specialty chemical products, serving major companies across various industries, including paints, coatings, personal care, food additives, pharmaceuticals, textiles, and electronics. The company provides contract manufacturing services that encompass the production of polymers and intermediates, as well as the handling of pails and railcars. DanChem offers a range of capabilities, including organic synthesis, simple blending, and complex processing, which allows it to develop processes that rapidly commercialize clients' products. By enhancing production capacity and delivering technical support, DanChem aids its clients in reaching their target markets more efficiently.

FAR Chemical

Acquisition in 2014
FAR Chemical Inc., also known as FAR Research Inc., is a specialty chemical manufacturer based in Palm Bay, Florida, established in 1983. The company produces a diverse range of reagents and intermediates, including cyanogen bromide, dicyclopentenyl alcohol, and methylmagnesium bromide. FAR Chemical specializes in custom and toll manufacturing, serving various industries such as pharmaceuticals, structural composites, electronics, fragrance, cosmetics, and personal care. Its product offerings encompass advanced polymers, catalysts, and acetylacetonates, which are utilized as cross-linkers, curing agents, and stabilizers. The company also supplies materials for applications in foam, halogenations, HF chemistry, and complex bromine synthesis. FAR Chemical continues to support its clients with tailored chemical solutions, catering to the needs of sectors that require handling of challenging and hazardous chemistries. As of 2018, it operates as a subsidiary of Cyalume Technologies Holdings, Inc.

Tractech

Acquisition in 2013
Tractech Inc. develops and manufactures specialized differentials and clutch components. The Company manufactures specialized traction-modifying differentials and centrifugal clutches for the agricultural, construction, medium and heavy-duty truck, military, and specialty vehicle markets. Tractech markets its products internationally.

Particle Dynamics

Acquisition in 2010
Particle Dynamics, Inc. is a specialized company that develops and manufactures pharmaceutical ingredients and technologies for the healthcare sector. Based in Saint Louis, Missouri, the company offers a range of products, including direct compression calcium carbonate and magnesium carbonate, as well as microencapsulated vitamins and active pharmaceutical ingredients. In addition to its product offerings, Particle Dynamics provides custom processing capabilities such as spray drying, microencapsulation, and complex granulation, alongside research and development and tech transfer services. With a focus on the pharmaceutical, consumer health, over-the-counter, and nutraceutical markets, Particle Dynamics aims to deliver reliable solutions to its clients across these industries. The company was established in 1948 and was previously known as Desmo Chemical Corporation.

Gabriel Performance Products

Acquisition in 2009
Gabriel Performance Products is a specialty chemical company with detailed knowledge of the epoxy curative marketplace.
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