Goldberg Lindsay & Co. LLC / Lindsay Goldberg
Lindsay Goldberg platform EMCO agrees to acquire Pride Chemical Solutions
Summary: Lindsay Goldberg-hosted source material says EMCO Chemical Distributors agreed to acquire the assets and operations of Pride Chemical Solutions, a founder-owned industrial-chemicals distributor serving the Northeast. The announcement says financial terms were not disclosed and the transaction remains subject to customary closing conditions.
Why it matters: The update may matter to due-diligence readers as a source-attributed add-on acquisition agreement for a Lindsay Goldberg platform company, while the pending-close posture and undisclosed terms limit any inference about valuation, integration, customer retention, performance, or investment merit.
Summary
Lindsay Goldberg-hosted source material says EMCO Chemical Distributors agreed to acquire the assets and operations of Pride Chemical Solutions. The source describes Pride as a founder-owned distributor of industrial chemicals serving the Northeast region of the United States.
The announcement says Pride is headquartered in Holtsville, New York, has more than 80 employees, distributes, blends, and packages more than 3,000 SKUs to more than 1,500 active customers, and operates two distribution and packaging facilities plus a delivery fleet. Financial terms were not disclosed, and the source says the transaction is subject to customary closing conditions.
This draft treats the item as a pending add-on acquisition agreement, not a completed acquisition. It does not infer closing certainty, transaction economics, valuation, post-close integration, customer retention, regional market leadership, operating quality, or investment merit.
Why it matters
For due-diligence readers, platform-company add-on activity can be a useful public signal about how a private-equity manager and its portfolio companies pursue geographic expansion, capability additions, and industry consolidation. Here, the relevant diligence angle is EMCO’s announced intent to add Pride’s Northeast distribution footprint and chemical-distribution capabilities.
The signal is bounded. The source supports the agreement, target identity, high-level business description, undisclosed financial terms, and customary-closing-condition caveat. It does not show that the transaction has closed, quantify purchase price or leverage, validate future growth, or demonstrate that customers, suppliers, employees, or integration outcomes will remain stable.
Source notes
- Lindsay Goldberg-hosted EMCO/Pride announcement: https://www.lindsaygoldbergllc.com/news/emco-chemical-distributors-to-acquire-pride-chemical-solutions
- SEC AdviserInfo identity page: https://adviserinfo.sec.gov/firm/summary/141029
- Source posture: primary manager/source-party announcement. Keep customer, SKU, facility, geographic-footprint, company-description, and closing-condition points attributed to the source.
- Verifier posture: the PM verifier recovered the source body directly, confirmed manager identity, and found no local Pride/EMCO same-event duplicate. Existing Lindsay Goldberg Alro and Range posts are separate duplicate controls.
9AT filing context
Public adviser/profile context maps Lindsay Goldberg to Goldberg Lindsay & Co. LLC, CRD 141029 and SEC file 801-67008, with about $11.9 billion in ADV-reported profile scale. That context is useful only for adviser/platform identity and name mapping.
The filing-derived context should not be used as support for transaction value, returns, portfolio exposure, customer demand, market position, post-close operations, or investment merit. No 13F or Form 5500 context is included because public-equity holdings and employee-benefit-plan filings do not explain this private add-on acquisition agreement.
What to watch
Watch for EMCO, Lindsay Goldberg, Pride Chemical Solutions, or transaction-adviser disclosures confirming closing, final transaction structure, integration plans, leadership continuity, facility footprint, customer or supplier changes, and any later source-backed operational updates.
Future coverage should preserve the distinction between an announced agreement and a completed transaction. It should also avoid promotional regional-leadership language unless later public sources support it independently and specifically.