White Deer Energy Purchases Majority Interest in Unicat Catalyst Technologies
HOUSTON, Sept. 17, 2020 /PRNewswire-PRWeb/ -- White Deer Energy ("White Deer") has announced the acquisition of a majority interest in Unicat Catalyst Technologies, LLC ("Unicat or "the Company"). Financial terms of the transaction have not been disclosed.
Unicat is a leading global supplier of heterogeneous catalyst products and related services to the refinery, syngas, chemical, steel, agriculture, and green energy industries. The Company has a long track-record of success focused on providing niche catalyst solutions and high-touch technical support. Unicat's team continuously serves its customers with innovative solutions to address their production needs, which has made the Company a preferred provider across its market segments.
Mani Erfan, Unicat's Chief Executive Officer and Co-Founder, will continue to oversee the business as well as roll a portion of his ownership stake. "I am excited to partner with White Deer as we work together to drive Unicat's continued growth," said Mr. Erfan.
Jim Meneely, Partner at White Deer, commented, "Mani and his team have built an incredible company with a strong brand resulting in impressive growth over the last twenty years. We look forward to partnering with Mani and the Unicat team in supporting the Company's future growth as it continues to deliver leading catalysts to its loyal customer base."
Meghan Leggett, Principal at White Deer, added, "Unicat is our fourth platform investment in the industrials services space. We are excited to expand that portion of our portfolio and think Unicat is uniquely levered to the growth in industrial activities in the U.S. and internationally."
White Deer has a long history of partnering with entrepreneur owners and their management teams to support the growth of their businesses.
White Deer was advised by Locke Lord LLP. Unicat was advised by Lundwall Law PLLC.
About Unicat: Founded in 2000 and located in Alvin, Texas, Unicat is a leading global provider of heterogeneous catalyst products and related services. With over 200 unique catalyst products, Unicat has consistently provided its customers with innovative solutions. In addition to its product portfolio, the Company provides on-site technical support to assist its customers worldwide. In addition to its Alvin facility, the Company maintains offices in South America, Europe, Asia, and the Middle East.
About White Deer: White Deer is a middle market private equity firm that invests in energy and industrial services and equipment companies and midstream infrastructure. The firm, which is based in Houston and New York, has raised in excess of $2.7 billion of committed capital since its founding in 2008.
Contact:
James Meneely
Partner; White Deer Energy
jmeneely@whitedeerenergy.com
Mani Erfan
Chief Executive Officer, Unicat
mani.erfan@unicatcatalyst.com
SOURCE White Deer Energy
