Backing a Market Leader
NuSil Technology (“NuSil”) is a leading formulator, manufacturer and supplier of silicone compounds for the healthcare, aerospace, defense and photonics industries. NuSil is the leading supplier to highly demanding, niche silicone markets in particular for implantable medical devices, which had allowed the Company to achieve uninterrupted sales growth since its founding in 1979. The Company has penetrated other attractive high growth, highly specialized markets and is positioned to further expand its presence in international markets. Quad-C partnered with the management team and founders of the Company in a proprietary transaction in 2005 that was identified through our proactive approach to the specialty chemicals industry.
Quad-C believed that there were significant growth opportunities for NuSil in its existing markets as well as opportunities in new products given the strength of the Company’s research, manufacturing and engineering expertise. NuSil was able to achieve double digit sales growth during our ownership and improve its strong operating profit margins, while investing in capacity and operating efficiencies.
Quad-C sold its ownership in NuSil in 2011 to another financial buyer and management maintained their full ownership position with the new partner. The business is positioned for continued growth and expansion.