Round Type
Venture
MontrealManufacturingAutomotiveDescription
Penfund, an independent provider of junior capital to North American middle market companies, announced the completion of a unitranche debt investment in Recochem, Inc. (“Recochem” or the “Company”). Penfund served as a Joint Lead Arranger and Joint Bookrunner on the financing, which supported the acquisition of Recochem by funds managed by CapVest Partners LLP (“CapVest”).
Quick answer
Recochem raised an undisclosed amount in a funding round, dated November 7, 2023. Recochem is based in Montreal, Quebec, Canada.
- How much did Recochem raise?
- Recochem raised an undisclosed amount in a funding round on November 7, 2023.
- What does Recochem do?
- Founded in 1951 in Montreal, Recochem is a global leader in manufacturing, marketing, and distributing automotive aftermarket and household fluids for consumers and industrial customers worldwide.
- Where is Recochem based and how big is it?
- Recochem is based in Montreal, Quebec, Canada.
- Who are the decision-makers at Recochem?
- Fundz holds 1 contact at Recochem. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Recochem that raised within 45 days of this round, from Fundz verified event records.
- Vision Marine Technologies raised $2.9M (Seed) on December 21, 2023.
- Hyperion Companies raised $450K (Seed) on December 21, 2023.
- Hyperion Companies raised $4.8M (Seed) on December 16, 2023.
- Hadrian raised $86M on December 11, 2023.
- Charging Robotics raised an undisclosed amount (Funding Round) on November 22, 2023.
- X-Bow Systems raised an undisclosed amount (Funding Round) on November 16, 2023.
Who to call at Recochem, and when
A new round usually means Recochem is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Recochem raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Recochem, from your own LinkedIn network
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Related People
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