Peru, IL (July 12, 2019) – Carus, a leading privately held manufacturer of specialty products for multiple environmental markets, announced a strategic investment from, and long-term partnership with, Seidler Equity Partners (“SEP”). SEP is a private investment firm headquartered in Marina Del Rey, California.
“With the investment by SEP, Carus will be able to fast-track its strategic growth plan by offering our customers more customized products, accelerating our technology development initiatives, and expanding our offerings into adjacent and related markets globally. We are actively bringing exciting new products to market and are in active discussions with several acquisition targets. We intend to move swiftly with our new partner to capitalize on these opportunities,” said Inga Carus, Chairman of Carus Group.
Christopher Eastland, an SEP partner, commented, “We are honored to partner with Carus, the Carus family and management team to build on their remarkable 104-year history as the market-leader and align our experience and resources with them as Carus continues its growth through the next phase of its evolution.”
William Blair & Company acted as exclusive financial advisor to Carus.
Carus, founded 1915 in LaSalle, IL, is a family-owned manufacturer of permanganates, phosphates, and catalysts serving the environmental markets of water treatment, soil remediation, and air purification. Carus is a member of the American Chemistry Council and an active participant in the industry’s award-winning Responsible Care® initiative, working to make life better, healthier, and safer through chemistry.
About Seidler Equity Partners
Seidler Equity Partners and its affiliates have been investing in market-leading companies since 1992. SEP aligns with business founders and management teams to help them achieve their strategic vision for long-term growth and enhance their culture of excellence. For more information, visit www.SEPfunds.com.