At what enterprise value was MEARTHANE PRODUCTS CORPORATION acquired in 2022?

You can find the full valuation details of MEARTHANE PRODUCTS CORPORATION on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of MEARTHANE PRODUCTS CORPORATION when it was acquired by COMPASS GROUP EQUITY PARTNERS?

The exact EV/EBITDA multiple for MEARTHANE PRODUCTS CORPORATION is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.6x. Join our community for free to access full valuation data and industry trends.

When was MEARTHANE PRODUCTS CORPORATION acquired by COMPASS GROUP EQUITY PARTNERS?

MEARTHANE PRODUCTS CORPORATION was acquired by COMPASS GROUP EQUITY PARTNERS in 2022.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the MEARTHANE PRODUCTS CORPORATION acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the MEARTHANE PRODUCTS CORPORATION deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cgep.com/compass-group-announces-strategic-partnership-with-mpc/

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Home Database Industry & ManufacturingMEARTHANE PRODUCTS CORPORATION

12/2022

COMPASS GROUP EQUITY PARTNERS takes majority stake in MEARTHANE PRODUCTS CORPORATION

UNITED STATES Chemicals & Materials / Material Transformation / Plastics REV 1m USD - 100m USD

Context

This transaction represents the transition of Mearthane Products Corporation from a family-founded mid-market business into a well-capitalized institutional platform, marking the fourth corporate investment executed via Compass Group Fund II. The transaction is designed to inject the growth capital and strategic corporate development resources necessary to transform a localized polymer specialist into a scaled, multi-technology consolidator of the highly fragmented advanced materials and thermoset polyurethane sectors. Operational continuity is preserved through the retention of the current executive leadership team, including President and Chief Executive Officer Pete Kaczmarek, which ensures the defense of legacy original equipment manufacturer account relationships and the preservation of long-standing chemical processing intellectual property. Post-closing capital allocation priorities focus on deploying a dual-track value generation strategy that combines the modernization of sales operational frameworks to capture unexploited organic capacity with an aggressive programmatic buy-and-build campaign. The institutional backing of Compass Group will provide the required M&A sourcing infrastructure, transaction execution expertise, and debt facility syndication to complete bolt-on acquisitions of smaller regional urethane compounders, expanding the combined entity’s geographic reach and diversification across high-barrier technical manufacturing verticals.

MEARTHANE PRODUCTS CORPORATION, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Mearthane Products Corporation specializes in the chemical compounding, formulation, and custom manufacture of high-performance thermoset polyurethane elastomers and advanced polymer components, including industrial belts, precision rollers, technical wheels, customized seals, and equipment enclosures. The company supplies custom-engineered parts directly to original equipment manufacturers across technologically advanced and non-cyclical end markets such as medical diagnostics, analytical testing devices, semiconductor fabrication hardware, robotics, high-speed digital printing, and premium sports equipment. Revenue generation is sustained by the recurring consumption of these components, which function as critical industrial consumables that require ongoing replacement due to mechanical friction, thermal wear, and operational degradation within the automated machinery of the installed base. The procurement workflow is governed by collaborative engineering cycles where the company utilizes its in-house research and development assets to formulate proprietary chemical recipes that meet the exacting structural, environmental, and tolerance specifications of its clients.

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Other operations with MEARTHANE PRODUCTS CORPORATION

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
02/2026	MEARTHANE PRODUCTS CORPORATION	AXILLON AEROSPACE - POLYURETHANE	UNITED STATES	Chemicals & Materials	This corporate carve-out transaction marks the full acquisition of Axillon Aerospace’s industrial composites business by Mearthane Products Corporation, representing the platform's latest programmatic transaction over a multi-year period and accelerating its long-term capital deployment strategy. By acquiring an active, fully staffed facility in Cincinnati, Mearthane bypasses greenfield capital expenditure timelines to achieve immediate capacity expansion, alleviating internal manufacturing bottlenecks while securing operational continuity under the leadership of senior production manager Kevin Perkins

REFERENCES

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: mearthane products corporation

Acquirer: compass group equity partners