Atlanta, GA – Atlanta-based investment banking firm De NES Partners, LLC is pleased to announce its role as exclusive financial advisor to Chemlink Laboratories, LLC, a Kennesaw, GA-based manufacturer of small-format cleaning solutions for commercial and consumer applications, in its sale to Ecolab, Inc. (NYSE: ECL). The transaction unites Chemlink’s innovative cleaning technologies with Ecolab’s global reach and industry leadership, creating an exciting new chapter for the company.
Founded in 1997 by Chuck Walker, Chemlink Laboratories is a recognized leader in the development and manufacturing of highly unique and proprietary cleaning solutions. Over the years, the company has earned a stellar reputation for delivering innovative, effective, and eco-friendly cleaning products tailored to meet the demands of both commercial and consumer markets.
Paul Reid, CEO of Chemlink, commented on the transaction: “The acquisition was a win-win-win – a win for the company shareholders for the value created…a win for the buyer, an industry leader that has a strategic, long-term, and growth-oriented vision to exploit the company’s technology and factory operations on a worldwide basis…a win for the company’s employees who are now all employed with the buyer, and who all have very bright futures.”
Reflecting on his experience working with De NES Partners, Reid said, “The efforts of De NES Partners – Doug Hubert and Don Schaeffer – proved to be a resounding success as their relentless, attentive, and expert advice and support were instrumental in the sale of my company at a purchase price I thought frankly was simply unobtainable. Doug and Don masterfully guided, directed, prodded, managed, pushed, cajoled, and orchestrated all of the enormous work…they were with me every step of the way. Doug and Don, with great patience and attentiveness, supplied all of the experience, expertise, knowledge, and wisdom. Simply said, their work was outstanding.”
Chuck Walker, Founder and Chairman of Chemlink, added, “Doug and Don were the ultimate professionals, calm during the stressful episodes, and a delight to work with. I could not recommend anyone I have dealt with in business more highly than Doug and Don. We consider them as part of our Chemlink family and will forever be grateful in how they made a dream come true.”
Doug Hubert and Don Schaeffer, Co-Managing Partners of De NES Partners, noted, “We are extremely proud to have represented Chuck Walker, Paul Reid, and the entire Chemlink team. Chuck and Paul are leaders in developing highly unique and proprietary cleaning products and have built an incredible legacy in the industry. They are tremendous entrepreneurs, and it was a distinct pleasure and privilege to help them fulfill their dreams for the business and its employees.”
De NES Partners focuses on representing owners of single and multi-generational family and other privately held businesses across the United States with revenue between $15-250 million and EBITDA between $4-25 million in M&A (full sale and recapitalization) transactions. The firm’s two principals, with a combined 50+ years of mergers & acquisitions advisory experience, have successfully completed transactions across the full spectrum of manufacturing, distribution, and company-to-company business services, and have sold clients to some of the most sophisticated buyers in the world, including companies listed on the NYSE, NASDAQ, Toronto, Irish, and London Stock Exchanges, as well as institutional private equity firms and family offices.
For more information about the transaction, please contact Doug Hubert, Managing Partner, De NES Partners, LLC, (770) 858-4491, [email protected].