Sequel Holdings Realizes Investment in Critical Process Systems Group
Sequel Holdings announced today that it has sold Critical Process Systems Group (CPS) after six years of stewardship.
CPS, now owned by Wynnchurch Capital, LLC, is a leading provider of mission-critical solutions for highly demanding industries and applications. The company provides a broad range of products and services including specialty coated exhaust duct for the semiconductor and wastewater markets, customized process equipment for the semiconductor and life science industries, as well as a range of highly technical engineering services.
During Sequel’s ownership, CPS completed four acquisitions, launched a biopharmaceutical engineering division, and grew sales by over 110%.
Mike Crow, Senior Vice President and Chief Financial Officer of Sequel Holdings, said “We are pleased that Sequel’s support helped the company develop new products, diversity into new end-use materials, add depth and talent to the management team, and fuel significant earnings and growth. We are proud of our successful partnership with CPS, and thrilled to deliver a successful realization to our investors.”