One Rock Capital Partners Makes an Investment in Compass Chemical

NEW YORK, March 11, 2015 – One Rock Capital Partners, LLC (One Rock) announced today that it has made an investment in Compass Chemical International LLC (Compass). Financial terms of the transaction were not disclosed. Grace Matthews, Inc., a Milwaukeebased investment bank, advised the seller, BMMC Holdings LLC, on the transaction. 

With operations in Smyrna, GA, and Huntsville, TX, Compass is a leading independent producer of organophosphonates and other chemicals. The company serves a diverse set of customers in various industries including industrial water, recreational water, oil & gas, and others.

One Rock Managing Partner Tony W. Lee said: “Over the years, Compass has grown from a distribution business to a world-class manufacturer of phosphonate-based scale and corrosion inhibitors for various applications. We are looking forward to building on the substantial platform that Compass Founder Bill Bellah and President Danny McCaul have established.” 

One Rock Managing Partner R. Scott Spielvogel added: “Today, Compass has an excellent industry reputation for the quality and consistency of its products and services, and is wellknown for its ability to work closely with customers to address their specific needs. We are excited about our investment in this growing enterprise.”

Mr. Bellah, the majority owner of BMMC Holdings, founded Compass in 1999 as an importer of phosphorous acid and related chemistries from Asia. In 2006, Mr. Bellah partnered with Danny McCaul, an experienced chemical industry executive and current president of Compass. Mr. Bellah said: “We believe One Rock recognized that Compass’ market position, strong management, and industry reputation represents a very strong base for future growth.” Danny McCaul added, “Grace Matthews worked to find the right investor for Compass that would help drive future growth. After a thorough and exhaustive search, we selected One Rock based on their chemical industry knowledge and cultural fit. We could not be more excited by this outcome and look forward to the opportunities our new partner will be able to provide.” 

Kevin Yttre, Managing Director at Grace Matthews, said: “Compass is well-known for its expertise in organophosphonate chemistries. In partnership with One Rock, we believe Compass will be able to expand its customer base and service offerings.”

About Compass Chemical International LLC

With operations in Smyrna, GA, and Huntsville, TX, Compass Chemical International LLC is a leading independent producer of organophosphonates and other chemicals. The company serves a diverse set of customers in various industries including industrial water, recreational water, oil & gas, and others. For more information, visit www.compasschemical.com.

About One Rock Capital Partners, LLC

One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries. The involvement of these Operating Partners affords One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and enhancing its profitability to enhance long-term value. One Rock also has a unique strategic relationship with Mitsubishi Corporation, which can provide strategic resources to One Rock and its portfolio companies, including access to potential new business partners, market intelligence, and low cost sourcing through increased purchasing power globally.

About Grace Matthews, Inc.

Grace Matthews, Inc., a Milwaukee-based investment bank, provides merger, acquisition and corporate finance advisory services to private and public companies. Grace Matthews’ chemical practice is known globally for completing successful chemical industry transactions dating back to the early 1990s. Grace Matthews’ principals have completed over 100 transactions involving global corporations such as Akzo Nobel, 3M, DuPont, Sherwin-Williams, PPG Industries, Ashland, Ceradyne, DSM, ICI, Borregaard, Air Products, Landec Corporation, The Home Depot, Hexion Specialty Chemicals, Atofina Chemicals, Brush Engineered Materials, Becker Industrial Coatings, RPM International, Courtaulds, Domino Sugar, and Chr. Hansen Laboratories. For more detailed information on Grace Matthews, Inc., visit www.gracematthews.com.

Contact

Compass: Danny McCaul at 678-904-4021
One Rock Capital Partners: 212-605-6000

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