Cytec Sells Resin Unit for $1.15B
Specialty chemical company Cytec Industries of Woodland Park announced Oct. 9 that it has sold its coating resins unit in Brussels for about $1.15 billion to Advent International, a private equity firm in Boston. Cytec is being advised by a team led by Stephen Kotran and Melissa Sawyer of Sullivan & Cromwell in New York City, Advent by a team from Freshfields Bruckhaus Deringer, led by Doug Bacon and Matthew Herman in New York, and Stephanie Hundertmark in Berlin.
Harrison Bancorp Acquired
The Bank of Henderson of Henderson, Ky., announced on Oct. 9 its acquisition of Harrison Bancorp of Harrison. Both are commercial banks.
ExpertPlan Makes Acquisition
Retirement planner Suncoast Pensions and Benefits Group in Tampa, Fla., announced on Oct. 5 it has been acquired by ExpertPlan, a provider of retirement administrative services in East Windsor.
Bollinger Acquires Brokerage
Bollinger in Short Hills on Oct. 4 announced its acquisition of The Morville Agency in Newton. Both are insurance brokerages.
High Focus Centers Acquired
Pyramid Healthcare of Altoona, Pa., a subsidiary of private equity firm Clearview Capital in Old Greenwich, Conn., and a drug and alcohol treatment center operator, announced on Oct. 4 it has acquired High Focus Centers in Summit, an outpatient mental health and addiction treatment provider.