Orange County, CA – Capstone Partners LLC, a leading investment banking firm, announced that it has successfully advised D.B. Western, Inc. - Texas (DBWT) on its acquisition by SK Capital Partners (SK Capital). Terms of the deal were not disclosed.
DBWT is a leading producer of formaldehyde, urea-formaldehyde concentrates and MEA Triazines. The Company utilizes the most advanced technology in the industry and its LaPorte, Texas facility is the largest merchant market plant in North America. DBWT will be renamed Foremark Performance Chemicals and will be led by Randy Owens, former CEO of one of SK Capital’s portfolio companies.