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Private Equity Intelligence
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Transactions / WeChem, Inc.
Graycliff Announces Diamond Chemical's Acquisition of WeChem
Add-on acquisitionclosedadd-onannounced Mar 16, 2026closed Mar 16, 2026Fact
What happened
- Target
- WeChem, Inc.
- Platform
- Diamond Chemical Company, LLCadd-on basis: Graycliff Partners LP announced today that its portfolio company, Diamond Chemical Company, LLC ("Diamond"), has acquired WeChem, Inc. ("WeChem").
- Control
- Control
- Share acquired
- unknown
- Industry
- industrials / chemical
- Target location
- LA, US
- Seller kind
- unknown
- Rollover
- unknown
Values, only where disclosed
- Enterprise value
- Not disclosed
- Purchase price
- Not disclosed
- Equity value
- Not disclosed
- Target revenue
- Not disclosed
- Target EBITDA
- Not disclosed
- Multiple
- Not disclosed
Parties and roles
6 named
Buy side
- “"Diamond and WeChem are exceptional businesses with deeply loyal customer bases built over generations," said Matt Smith, Principal at Graycliff.”
- “Graycliff Partners LP announced today that its portfolio company, Diamond Chemical Company, LLC ("Diamond"), has acquired WeChem, Inc. ("WeChem").”
- “Graycliff Partners LP announced today that its portfolio company, Diamond Chemical Company, LLC ("Diamond"), has acquired WeChem, Inc. ("WeChem").”
Side not stated
- “"WeChem is a natural fit for Diamond," said Wesley Alves, CEO of Diamond.”
- “"Joining Diamond preserves everything our family has built over the past five decades while giving our customers access to a broader line of products and a stronger national platform," said Mike Wisecarver, CEO of WeChem.”
- “Graycliff Partners LP announced today that its portfolio company, Diamond Chemical Company, LLC ("Diamond"), has acquired WeChem, Inc. ("WeChem").”
Evidence
“Graycliff Partners LP announced today that its portfolio company, Diamond Chemical Company, LLC ("Diamond"), has acquired WeChem, Inc. ("WeChem").”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 15, 2026