Preferred Compounding Corporation

Where others saw: 

A compounding business that was overly reliant on the auto sector

We envisioned: 

A technical partner for diverse companies operating in industries that need highly engineered, high quality elastomeric compounds

Watermill:

  • Added new acquisition, Associated Rubber, which provided scale and geographic reach into the Southeast
  • Upgraded control systems, chemistry personnel and vendor relationships
  • Populated management team with senior leadership from outside the industry
  • Realigned strategy to more effectively focus on the customer
  • Restructured sales and marketing department

We implemented our strategy and exited the investment to a financial buyer for an overall return of 9x invested capital.