PR93680

HOUSTON, Dec. 15, 2021 /PRNewswire=KYODO JBN/ --

Inhance Technologies, LLC ("Inhance Technologies" or "Company"), a leading

international provider of sustainable polymer material science solutions and

portfolio company of Aurora Capital Partners ("Aurora"), today announced it has

completed the acquisition of Advance Research Chemicals, Inc. ("ARC"), a

world-class producer of specialty chemicals and materials used in a wide range

of high-value applications. Terms of the transaction were not disclosed.

With production facilities in the United States and Mexico, ARC supports many

of the world's largest and most innovative companies with its customized

solutions, including a large and growing library of high-purity products

underpinned by proprietary processes developed over more than 30 years.  ARC's

unique ability to offer R&D, pilot, and commercial scale production allows the

company to provide turnkey, tailored solutions for each of its customers.

Serving mission-critical needs across a wide array of industries, including

medical batteries, semiconductors, 3D printing, and pharmaceuticals, ARC has

established itself as a reliable and innovative resource in the field of

specialty chemicals and materials.

"ARC is a pioneer in their markets, and their highly complementary suite of

solutions will add to our existing offerings as well as expand our geographic

and industry reach," said Andrew Thompson, President and Chief Executive

Officer of Inhance Technologies. "Together, we will be a global leader in

sustainable specialty chemicals and materials technologies with unmatched R&D

capabilities, technical knowhow, and geographic breadth. I look forward to

working with the ARC team to continue innovating and using our combined

technologies as a means to achieve a greener, more sustainable future."

"This transaction combines two true industry leaders, uniquely positioning the

combined company to capitalize on its existing technologies and deliver a

broader suite of innovative solutions to its customers around the globe," said

Dr. Dayal Meshri, Founder and former Executive Chairman of ARC. "Inhance

Technologies has established a well-deserved reputation as a trusted provider

of sustainable material science solutions and is the right partner for ARC to

accelerate adoption of its technologies to better serve its many market-leading

customers."

"When we partnered with Inhance Technologies, we saw a unique opportunity to

expand the application set for their proprietary technologies and develop new

solutions for a broader range of industries.  This transaction is a

transformational step in realizing that opportunity," said Randy Moser, Partner

at Aurora.  "Leveraging the world-class capabilities of each company will spur

even more technological advancements, durably accelerating Inhance

Technologies' growth."

This is the second add-on acquisition that Inhance Technologies has made since

the Company partnered with Aurora in 2018. During that time, Inhance

Technologies has made significant investments to support its growth, including

the opening of a new headquarters and Global Science and Technology Center in

Houston, significantly expanding its facility in St. Louis, and developing

multiple new, innovative technologies.

Robert W. Baird & Co. served as financial advisor and Gibson Dunn & Crutcher

LLP served as legal advisor to Inhance Technologies.

About Inhance Technologies

Inhance Technologies is a global leading provider of polymer material science

solutions. For more than 40 years, Inhance Technologies has been developing

innovative technologies and solutions that enable new levels of product

performance, while reducing environmental impact. With operations in the

Americas, Australia and Europe, Inhance Technologies is transforming specialty

plastics and chemicals on a global scale and in a wide range of industries,

from consumer products to healthcare, industrial applications to agriculture.

More information can be found at www.inhancetechnologies.com (https://c212.net/c/link/?t=0&l=en&o=3388866-1&h=3168812749&u=http%3A%2F%2Fwww.inhancetechnologies.com%2F&a=www.inhancetechnologies.com).

About Advance Research Chemicals

ARC is a world-class specialty chemicals and materials supplier, offering

high-purity, tailored solutions, utilizing production facilities in the United

States and Mexico. Many of the world's largest companies partner with ARC to

develop performance-critical chemicals and materials that enable some of the

world's most innovative products. ARC also provides private label manufacturing

for the institutional and consumer hygiene markets. ARC serves a wide array of

industries, including medical batteries, semiconductors, 3D printing,

pharmaceuticals, automotive, textiles, and consumer packaged goods.

About Aurora Capital Partners

Aurora is a leading private equity firm focused principally on control

investments in middle-market companies with leading market positions, stable

industry dynamics, attractive business model characteristics and actionable

opportunities for growth in partnership with management. Aurora provides unique

resources to its portfolio companies through its Strategy & Operations Program

and its team of experienced operating advisors. Aurora's investors include

leading public and corporate pension funds, endowments and foundations active

in private equity investing. For more information about Aurora, visit:

www.auroracap.com (https://c212.net/c/link/?t=0&l=en&o=3388866-1&h=3923674935&u=http%3A%2F%2Fwww.auroracap.com%2F&a=www.auroracap.com).

Media Contacts

Inhance Technologies

Momotaz Rahman

Marketing Director

mrahman@inhancetechnologies.com

Aurora

Taylor Ingraham / Fred Schweinfurth

ASC Advisors

tingraham@ascadvisors.com / fschweinfurth@ascadvisors.com

SOURCE Inhance Technologies