Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of the portable sanitation division of its client, Chempace Corporation, headquartered in Toledo, Ohio, by FGL Group, LLC, headquartered in Grapevine, Texas. The acquisition closed on July 16, 2014.

Chempace Corporation (Chempace) is a specialty chemical manufacturer for products and formulas used in deodorants, cleaners, degreasers, and other specialized products. Since its founding in 1968, Chempace has continuously created innovative products to keep pace with new trends and technologies in the market. This dedication allowed Chempace to advance in its industry by providing its customers with quality solutions for any specialty chemical needs, staying true to their mission of always keeping the customer's needs first.

Doug Smith, a Managing Director at Generational Equity, and Fred Zweifel, Vice President, gave their support and assistance to Chempace on the transaction. "This was an optimal strategic transaction for FGL Group to make entry into the portable sanitation market," stated Fred Zweifel.