Foresight Group and Maven Capital Partners have exited Aberdeen-based FIS Chemicals in a deal that has delivered a 4.2x return on invested capital, following a period of rapid growth for the business. FIS will now join US-headquartered Shrieve Chemical Company, a value-added distributor of speciality and commodity chemicals. The exit has generated an internal rate of return (IRR) of 33% for both investors since their initial backing in 2020. Fou…
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