Our transactions

Viridis Chemical Company

Transaction summary

Principal members of Avalon Growth Capital, while at a prior firm, worked with the founders to negotiatie a purchase agreement, advised on financing, and directly co-invested in the acquisition of Viridis Chemical Company, a world-class manufacturer of renewable chemicals committed to the safe, environmentally sound, and economically viable conversion of biomass into useful products previously derived from oil or natural gas.

Client

Viridis Chemical Company

Industry

Specialty Chemicals

Transaction type

Business Advisory, Investment Banking, and Direct Investment

Transaction date

February 2021

About the company

Viridis Chemical Company

Viridis Chemical Company is a world-class manufacturer of renewable chemicals. We’re committed to the safe, environmentally sound, and economically viable conversion of biomass into useful products previously derived from oil or natural gas.

Viridis is the World’s leading and largest producer of bio-based Ethyl Acetate relying solely on a renewable feedstock. Almost all other sources of Ethyl Acetate are produced using energy-intensive processes relying exclusively on non-renewable fossil fuel inputs.

The Company's innovative team of scientists and entrepreneurs invented a ground-breaking process for manufacturing renewable and bio-based Ethyl Acetate — one that benefits farmers and consumers alike, and also makes the supply chain more sustainable.  

Utilizing best-in-class technologies, Viridis fine-tuned a proprietary process for manufacturing Ethyl Acetate with an incredibly small footprint. Unlike competitors who generate the solvent from oil or natural gas derivatives, the Viridis process relies exclusively on environmentally friendly bio-based ethanol as an input.

To learn more about the Company, visit: https://viridischemical.com/

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