Private equity firm Lindsay Goldberg announced Nov. 10 it will acquire EMCO Chemical Distributors, a distributor of industrial chemicals, primarily serving the midwestern United States. Financial terms of the transaction were not disclosed.

Founded by Edward Polen in 1971 and headquartered in Pleasant Prairie, WI, EMCO has more than 500 employees. It distributes, blends and packages more than 5,000 SKUs to over 4,000 customers across a wide range of end markets. The company operates eight distribution and packaging facilities, an application lab, an environmental services facility and a dedicated delivery fleet that enables just-in-time distribution.

“Our investment in EMCO is the culmination of a multi-year relationship with EMCO founder Edward Polen,” said John Holland and Eric Fry, Partners at Lindsay Goldberg. “EMCO stands out for its stellar reputation, enduring supplier relationships, loyal employee base and unmatched infrastructure in the region. We believe these strengths underpin EMCO’s position as a market leader, and we look forward to working with EMCO’s management team to support its future growth.”

“Building EMCO over the last 54 years has been the greatest privilege,” Polen added. “From the start, I set out to build a company where people matter – where we are true partners to our suppliers and customers and where our employees are empowered to make a difference. I’m proud of the culture we’ve built at EMCO. It is critical to our success, and I know that Lindsay Goldberg is the right partner to carry our culture forward.”

NY-based Lindsay Goldberg is a private investment firm that focuses on partnering with families, founders and management teams seeking to actively build their businesses. The firm focuses on three sectors that typically demonstrate resilience across economic cycles: industrials, services and healthcare.