Case Study

Westlake Securities advised SolvChem, a 50+ year old, second-generation family business headquartered in Pearland, Texas, and the largest independent chemical distributor in Texas, on the closing of a senior credit facility from Amegy Bank. Capital was deployed to refinance existing debt and fund future strategic growth.

SolvChem, Inc. is headquartered in Pearland, Texas, and is a leading diversified chemicals company with more than 50 years of operating history. A second-generation family business, SolvChem specializes in custom chemical blending and packaging for the top companies and brands in the world, and is the largest independent chemical distributor in Texas. The company serves a broad, diverse customer base across multiple end-markets.

SolvChem sought to refinance existing debt obligations and secure a capital structure that could support its strategic growth plan, including expanding production offerings and capacity. The transaction required a deep familiarity with SolvChem’s unique capital structure and the right lender relationships to execute it.

Westlake’s Role: Westlake Securities served as financial advisor to SolvChem, leveraging its lender relationships and partnership approach to identify the right banking partner, structure the facility, and bring the transaction to close.

The Outcome: SolvChem closed a senior credit facility with Amegy Bank, a division of Zions Bancorporation, N.A., one of Texas’s leading commercial banks. The facility refinanced existing debt and provided SolvChem with the capital to execute its strategic plan, expand its production offerings and capacity, and better serve its growing and diverse customer base.