About Solenis
Solenis is a company based in Wilmington (United States) founded in 1907 was acquired by Platinum Equity in July 2021.. Solenis has completed 13 acquisitions, including Aqua ChemPacs, CedarChem and Diversey.
- Headquarter Wilmington, United States
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Sectors
Chemicals & Materials
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Platinum Equity
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Aqua ChemPacs
& 12 more
- Acquired by
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Software Development Team
118 people
Sales and Marketing
90 people
Leadership Team
69 people
Senior Team
45 people
Product Management Team
33 people
Human Resources and Administration
32 people
Operations Team
22 people
Finance and Accounting
22 people
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Funding Insights of Solenis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Solenis
Solenis has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Platinum Equity and CD&R. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Platinum Equity is engaged in private equity and credit investments.
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Founded Year | Domain | Location | |
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A private equity firm focused on building long-term business value.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solenis
Solenis has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Aqua ChemPacs, CedarChem and Diversey. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of water management services
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2013 | ||||
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Quart-sized dissolvable liquid chemical pacs are manufactured and packaged.
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2010 | ||||
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Wastewater treatment services are provided by SCL in Germany.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Solenis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solenis Comparisons
Competitors of Solenis
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solenis
Frequently Asked Questions about Solenis
When was Solenis founded?
Solenis was founded in 1907.
Where is Solenis located?
Solenis is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of Solenis?
John Panichella is the current CEO of Solenis.
What does Solenis do?
Founded in 1907 and headquartered in Wilmington, United States, operations are conducted globally in the specialty chemicals sector. Focus is placed on water treatment chemistries, process aids, functional additives, and monitoring systems for industries including pulp and paper, oil and gas, mining, and power generation. These products support operational efficiencies, product quality improvements, asset protection, and environmental compliance across municipal and industrial markets.
How many acquisitions has Solenis made?
Solenis has made 13 acquisitions, including Aqua ChemPacs, CedarChem, and Diversey.
Who are Solenis's investors?
Solenis has 2 investors. Key investors include Platinum Equity, and CD&R.
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