Haas TCM has merged with an affiliate of The Jordan Company
Lincoln International, a leading global mid-market investment bank, acted as the exclusive financial advisor to privately held Haas TCM Inc. (“Haas” or the “Company”) in connection with a combination involving Haas, its Kemfast Aerospace companies, its MC Technologies division and an affiliate of The Jordan Company, L.P. (“Jordan”), a private investment firm based in New York, New York, resulting in the formation of Haas TCM Group Inc.
Based in West Chester, PA, Haas is the leading independent and largest fully integrated provider of chemical management services (“CMS”) serving customers globally. The Company’s chemical lifecycle management services’ which include sourcing and procurement; process control and usage reduction; waste management; logistics management, including point-of-use vending; environmental health and safety; and business and IT systems management streamline and fully manage all or parts of the chemicals and gases value chain for each of its customers. By reducing materials, labor, and waste management costs over the entire lifecycle of chemicals and gases use, Haas creates sustained and measurable value for customers in a diverse range of end markets, including manufacturing (automotive, aerospace, electronics, metals, and food and beverage), services (energy; utilities; aircraft maintenance, repair, and operations (“MRO”); healthcare and university research facilities), and government entities, such as the U.S. Defense Logistics Agency.
“Lincoln ran a very disciplined and competitive process that not only highlighted our strong market position and excellent growth opportunities, but also allowed us to get to know our prospective partners before selecting Jordan,” said Thad Fortin, Haas’ CEO. “Lincoln’s deep understanding of our business, outstanding execution and expert advice from our initial meetings up through closing resulted in an excellent outcome for Haas and its shareholders, customers and employees.”
About The Jordan Company, L.P.
The Jordan Company, L.P., is a private investment firm that specializes in buying and building companies in partnership with management. Jordan and its partners and their affiliated entities have completed more than 300 acquisitions since the firm began investing in 1974. Jordan has over $5 billion of capital under management.
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