#USA #Longmont #Quad-C #Boulder Scientific #Iron Path Capital

Quad-C Sells Boulder Scientific Company

In a noteworthy development in the private equity sector, Quad-C Management, a prominent middle market private equity firm based in Charlottesville, Virginia, recently announced the successful closure of the sale of Boulder Scientific Company to Iron Path Capital. Though the financial details of the transaction remain undisclosed, this acquisition marks a significant shift for Boulder Scientific, known for its innovative work in high-performance organometallic compounds.

A Legacy of Excellence

Boulder Scientific, headquartered in Longmont, Colorado, has established itself as a leader in manufacturing specialty chemicals that cater to diverse industries, including plastics, microelectronics, and defense. With more than 60 years of operational history, the company has developed a reputation for delivering complex synthetic chemistry capabilities that meet the rigorous demands of clients on a global scale.

Quad-C first partnered with Boulder Scientific's founding family and its management team to facilitate a transition from family ownership, supporting the company in its strategic objectives while striving for accelerated growth. Under Quad-C’s stewardship, Boulder Scientific underwent substantial enhancements, including fortifying its leadership team and increasing capital investments within its production facilities. This transformative approach aimed to expand the company’s manufacturing capacity and extend its technological capabilities, thereby broadening its market presence in high-stakes fields such as semiconductor manufacturing and aerospace defense.

Partnership and Strategic Growth

Rich Preziotti, CEO of Boulder Scientific, expressed appreciation for Quad-C's role as a partner during this transformative period. He stated, "Quad-C has been an exceptional partner, providing the resources and strategic support that positioned us to grow and expand into new markets.” The firm’s investment enabled Boulder Scientific to strengthen its reputation in the competitive specialty chemicals sector while maintaining a steadfast commitment to technical excellence, quality, and safety.

Tom Hickey, a Senior Partner at Quad-C, echoed Preziotti's sentiments, highlighting the privilege of working alongside Boulder Scientific's leadership. Hickey remarked, "We believe that Boulder Scientific's unique technical capabilities in organometallic and complex synthetic chemistry position the company to drive growth and we wish them continued success in their next phase." The collaboration has not only enhanced Boulder Scientific’s market position but also reinforced the company’s commitment to innovation in chemical production.

Industry Impact

Anders Grorud, Vice President at Quad-C, acknowledged Boulder Scientific’s distinct standing in the specialty chemicals landscape. He noted the firm's extensive history of successful investments in this sector, reinforcing Quad-C’s continued focus on fostering companies that demonstrate unique technical capabilities paired with growth potential.

The role of financial advisors in this acquisition was significant; Piper Sandler served as the exclusive financial advisor to Boulder Scientific, while White & Case acted as its legal counsel, ensuring a seamless transition through this impactful deal.

As Boulder Scientific embarks on this new chapter under Iron Path Capital, it remains equipped with the foundational strength and innovative legacy built during its years with Quad-C. The future appears promising for Boulder Scientific as it aims to leverage its advanced technical machinery and a robust operational model to capitalize on emerging markets.

About Quad-C Management

Founded in 1989, Quad-C Management has actively engaged in the private equity domain, focusing primarily on mid-sized companies. Over its three-decade-long history, the firm has successfully invested more than $5 billion across various industries, targeting established service and industrial companies.

Through strategic partnerships with entrepreneurs and management teams, Quad-C is committed to fostering growth, ensuring that its portfolio companies are well-positioned for long-term value creation. For more information on Quad-C and its strategic endeavors, visit www.quadc.com.

About Boulder Scientific

Boulder Scientific Company stands out as a manufacturer of organometallic compounds and specialty chemicals utilized across an array of applications, including pharmaceuticals and the aerospace and defense sectors. Operating two sites in Colorado, the company continues to innovate and serve a global clientele, solidifying its position as a key player in the specialty chemical industry. More details about Boulder Scientific can be found at bouldersci.com.