New Platform
Acquisitions
The Heritage Group invests in new platform companies for which materials sciences is a fundamental part of the business. These businesses typically operate outside of the market niches of our core platforms.
We partner with business owners and management teams to build on what has made them successful by accelerating growth through our capital, research capabilities, and broad network of resources.
SECTORS OF INTEREST
ENVIRONMENTAL PRODUCTS & SERVICES
- Hazardous waste treatment and disposal
- Industrial waste management
- Remediation products and services
SPECIALTY FUEL PRODUCTS
- Lubricants
- Process oils
- Industrial greases
SPECIALTY CHEMICALS
- Solvents and intermediates
- Additives
- Fine chemicals
FOOD & AGRICULTURE SCIENCE
- Ingredients, flavors, and fragrances
- New product formulation
- Quality assurance
TARGET INVESTMENT CHARACTERISTICS
TRANSACTION SIZE
– Up to $500 million enterprise value
SELLER TYPE
– Preference for family-owned businesses or corporate carve outs
– Will selectively acquire private equity-backed companies
OWNERSHIP LEVEL
– Majority
– Existing owners and management teams often retain a minority interest
DURATION
– Long-term focus
– Ability to provide earlier liquidity to sellers who retain an ownership stake
GEOGRAPHY
– Preference for North American headquarters – particularly for new platforms
– Open to companies with international operations