LeBaronBrown Industries LLC ("LeBaronBrown") is pleased to announce that it has closed on additional commitments from its existing investors. The closing increases LeBaronBrown's total committed capital to support the on-going growth of LBB Specialties LLC ("LBB Specialties" or the "Company"), a leading platform in the North American specialty chemical and ingredient distribution industry.
LBB Specialties Background
LBB Specialties through its subsidiary companies, Charkit Chemical Company and American International Chemical, is a leader in the North American specialty chemical and ingredients distribution industry. LBB Specialties sources products from hundreds of suppliers and serves thousands of customers in the aroma, biotech, flavor & fragrance, food, industrial, imaging, metal & water treatment, nutritional, personal care, and pharmaceutical markets. LBB Specialties generates over $200 million of revenue and employs more than 150 people, including approximately 50 sales representatives located across North America.
LeBaronBrown Industries LLC is a private investment firm with a multi-decade investment horizon. LeBaronBrown's objective is to support the creation of long-term equity value and compounding of performance. LeBaronBrown's capital and resources are dedicated to supporting the growth of its operating companies over the long-term, including by actively seeking complementary acquisitions. LeBaronBrown was founded by Simon Brown and Matt LeBaron in 2015. Collectively, LeBaronBrown's founders have led investments that represent over $20 billion of transaction value across a range of industries.