H.I.G. Capital completes sale of Vantage Specialty Chemicals

H.I.G. Capital, a global private equity investment firm, announces the sale of Vantage Specialty Chemicals to The Jordan Company, a private equity firm.

Vantage, headquartered in Chicago, IL, is a specialty chemicals company focused on naturally derived ingredients for a diverse and growing set of global end markets including personal care, consumer products, industrial and food markets.

The company converts renewable animal- and vegetable-based raw materials into products that are used in specialized applications due to their performance benefits and environmental characteristics.

It was formed by H.I.G. in May 2008 through the acquisition of Croda International’s US oleochemical business.

Vantage then acquired Lambent Technologies in October 2008 and Lipo Chemicals in July 2010, forming a vertically integrated, natural specialty chemical provider.

Today, Vantage maintains a global presence in 13 countries with revenues in excess of $500 million annually.