Multisorb Technologies partners with New York private equity firm

By Jenny Eagle contact

- Last updated on GMT

Multisorb Technologies Summer Street

Related tags: Management

The senior management of Multisorb Technologies has partnered with Summer Street Capital Partners, a private equity firm based in New York.

Led by chairman, Michael McGee, and president, James Renda, they acquired ownership from the John S. Cullen estate. Cullen passed away four years ago.

From staffing to our service and commitment to our customers, nothing will change. It will be business as usual​,” said Renda.

Our new structure will allow us to expand our investment in technologies and process improvements. This partnership assures the long-term growth of the company with local ownership​.”

Mike McQueeney, managing partner, Summer Street, added Multisorb is one of the best run companies it has seen.

We are proud to be part of the team and to help them achieve their next level of growth​,” he said.

Multisorb Technologies is headquartered in Buffalo, New York, with operating plants in Mobile, Alabama and Telford, UK with sales offices worldwide.

Related topics: Processing & Packaging

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