Capital Partners® is pleased to announce that Capital Partners Private Equity Income Fund III, LP completed an investment in ChromaScape, LLC (“ChromaScape”) www.chromascape.com on April 6, 2018 in partnership with family shareholders and its management, who will continue to lead the company.
Headquartered in Twinsburg, Ohio, ChromaScape is a premier producer of color dispersions and additives serving landscaping, building materials, graphic arts, and food markets through its four business units: Amerimulch, Solution Dispersions, ChromaPave and Innotech. ChromaScape is a recognized leader across a range of product lines, including mulch colorant, aqueous carbon black dispersions, asphalt and sealant colorants, and decorative concrete products. The Company services customers from its four locations in Ohio, Kentucky, Texas and Arizona.
“We are excited to be teamed with Capital Partners,” said Joe Majewski, CEO, ChromaScape. “We were attracted to Capital Partners due to their low leverage capital structure, previous experience in the colorants industry and their demonstrated partnership approach to drive growth.” Mark Langer, Managing Director, Capital Partners, agreed and said “We are excited to partner with Joe and his team as they embark on the next chapter of ChromaScape’s growth. We believe that ChromaScape brings significant and longstanding market value to its customers and complements our current strategic investment sectors of manufacturing, distribution and services.”