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SI Group's Successful Recapitalization: A New Era of Growth

On December 24, 2025, SI Group, a prominent global player in the development and manufacturing of performance additives, processing solutions, and chemical intermediates, announced the successful completion of a comprehensive recapitalization. This strategic move is set to position the company for accelerated growth, as it has significantly reduced its net debt by approximately $1.7 billion, an impressive reduction of over 80%.

The recapitalization was made possible through the unwavering support of SI Group's lenders and equity partners, who have demonstrated their commitment to the company’s long-term vision. The restructuring includes an overhaul of the revolving credit facility, which enhances the company's financial and operational flexibility moving forward.

As part of this deal, a new group of institutional shareholders has injected $150 million in initial capital, signaling robust confidence in SI Group’s growth prospects. This capital will be crucial in meeting the company's working capital needs, investing in key operational initiatives, and ultimately accelerating growth to meet the demands of clients and business partners.

David Bradley, President and CEO of SI Group, commented, “This recapitalization marks a significant milestone for our company. By reducing our debt and securing new investments, we have fortified our financial standing, allowing us to continue investing in our growth, enhancing our operational capabilities, and supporting our customers worldwide. We are grateful for the partnership of our new institutional investors, whose commitment reflects trust in our strategy and positions us for long-term success.”

The financial advisory scene during this transaction was notably active. Latham & Watkins LLP served as legal advisor, while PJT Partners acted as investment banker and AlixPartners LLP acted as the financial advisor for SI Group. Akin Gump Strauss Hauer & Feld LLP provided legal counsel for an ad hoc group of second-term loan lenders, while Lazard worked as an investment banker. Prior to the transaction, Baker Botts L.L.P. represented the company’s shareholders.

About SI Group

SI Group has established itself as a leader in innovative performance additives, processing solutions, and chemical intermediates. The company’s solutions are key in enhancing the quality and performance of countless industrial and consumer products across various sectors, including plastics, rubber, adhesives, fuels, lubricants, oil fields, and pharmaceuticals.

Globally, SI Group's manufacturing footprint spans 18 sites across three continents and serves clients in 80 countries, employing around 1,600 individuals worldwide. In 2025, SI Group received a bronze award for Corporate Social Responsibility from EcoVadis, confirming its commitment to sustainability and ethical practices. The company ranks in the top 35% of 150,000 businesses worldwide, highlighting its strong performance and reputation.

SI Group is dedicated to innovation and positive change, enhancing value with a focus on safety, chemistry, sustainability, and exceptional results. For more information, visit www.siigroup.com.