November 8, 2023

Willkie advised CapVest Partners LLP in the acquisition of Recochem, a leading global manufacturer, marketer, and distributor of aftermarket transportation and household fluids, from H.I.G Capital.
On November 6, H.I.G. and CapVest announced that Recochem, a portfolio company of H.I.G., was acquired by funds managed by CapVest, with H.I.G. remaining a minority investor in Recochem.
Recochem’s product portfolio spans branded, private label, and bulk offerings and includes coolant, appearance products, windshield wash fluid, diesel exhaust fluid, and a broad range of household fluids and industrial chemicals. With revenues in excess of $1 billion, the company serves consumers and industrial customers worldwide through its operations in North America, Europe, Australia and Asia-Pacific.
CapVest is a leading international private equity investor focused on investments in companies supplying essential goods and services.
The Willkie team was led by partners David Arnold, Neil Townsend, Patrick Sandor, Andrew Gray and Jenny Liu and included partners Russell Pinilis, Jennifer Coffey, Melissa Fischetti, Spencer Simon, Mark Holdsworth, Daniel Alvarez, Britt Mosman and Rahul Saha.