MFG Chemical, a leading U.S. manufacturer of specialty chemicals, has been acquired by Windjammer Capital from Platte River Equity.

Founded in 1980 and headquartered in Chattanooga, Tennessee, with seven manufacturing plants, MFG provides customized chemical solutions for a diverse range of markets, including water treatment, industrial coatings, oil & gas, pulp & paper, personal care, mining, metal working, agriculture and HI&I. The company is known for its commitment to manufacturing quality, plant safety and customer confidentiality. MFG Chemical’s products improve plant efficiency, prolong the life of the assets, and add valuable performance characteristics to their customers’ end-user products.

Windjammer will support MFG’s continued growth through investments in operational excellence, strategic acquisitions, and product development to expand its portfolio and end-market reach.

“MFG Chemical is highly aligned with Windjammer’s strategy of partnering with engineering and material science driven niche market leaders that provide mission-critical products and services,” says Rob Quandt, managing director at Windjammer Capital. “The company’s differentiated formulation capabilities and strong customer relationships provide a solid foundation for long-term growth.”

“We are excited to partner with Windjammer as we build on MFG’s more than four decades of history,” said Paul Turgeon, CEO of MFG Chemical. “Windjammer’s experience scaling industrial manufacturing businesses and their collaborative approach make them an ideal partner as we continue to invest in our people, expand our capabilities, and serve our customers.”

“MFG’s ability to develop and manufacture complex chemistries for critical applications makes it an attractive platform within specialty chemicals,” said Greg Bondick, Managing Principal at Windjammer Capital. “We look forward to partnering with the management team to support the company’s next phase of growth.”