Graycliff Partners Invests in Diamond Chemical

Graycliff Partners, New York, today announced its partnership and investment in Diamond Chemical Co. Inc., East Rutherford, NJ, according to a news release.

Founded in 1930, Diamond Chemical manufactures over 4 million lbs. of product weekly and serves more than 1,000 customers across the U.S. from facilities on the East and West Coasts. Diamond produces both organic intermediates and finished products for laundering, housekeeping, warewash, floor care, sanitizing and pool care. As a vertically integrated manufacturer, the company makes its own blow-molded containers for fast-turn efficiency, continuity of supply and quality control. Its automated filling lines, on-premises rail siding, fleet of company-owned trucks and bulk storage capabilities ensure reliability for its customers.

“As a third-generation family-owned business, it was important to find a financial partner that understood our history and our vision,” said Harold Diamond, president and CEO of Diamond Chemical. “Graycliff’s approach of providing strategic guidance – while allowing us to continue to operate the business and retain our culture – resonated with us. We are excited to leverage their experience to take Diamond to our next phase of growth.”

Andrew Trigg, managing partner at Graycliff, added that, “Diamond is a premier player within the cleaning chemicals market and has built an impressive base of loyal customers. We are thrilled to partner with Harold and his team and be part of Diamond’s impressive growth trajectory. Graycliff and management plan to pursue growth in new and existing markets, complementing Diamond’s current offering with new products, geographies and end markets.”

Graycliff Partners is an investment firm focused on making lower middle-market investments, typically in manufacturing, business services and value-added distribution businesses. For more information about Graycliff Partners, visit www.graycliffpartners.com.