AcquisitionAug 5, 2026Pending
๐บ๐ธ United States
GCGaylord Chemical, L.L.C. (gChem)CContextLogic Holdings Inc.
Materials & Chemicals โบ Chemicals
Enterprise value$850MEnterprise value
AnnouncedAug 5, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
ContextLogic, through ContextLogic Holdings, LLC and its subsidiary GCH Buyer, Inc., agreed to acquire the holding company of gChem, a specialty chemicals and DMSO producer, from EagleTree Capital funds and co-investors at an enterprise value of $850 million.
Deal rationale
gChem would become ContextLogic's second operating business, a long-duration specialty chemicals company expected to be materially accretive to free cash flow per unit.
AI-generated from the SEC filingPendingMaterials & Chemicals โบ ChemicalsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $850M | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
PSPiper Sandler
Sell-side
MSMorgan Stanley
Parties
Target
GCGaylord Chemical, L.L.C. (gChem)
- Headquarters
- United States
- Ticker
- โ
Seller
ECEagleTree Capital
- Headquarters
- โ
- Ticker
- โ