Syrgis Performance Products is a diversified international group of fine and specialty chemical manufacturers (Lycus, Ltd., P Chem, Inc., H&S Chemical Co., Inc., and Syrgis Performance Initiators) committed to delivering high-quality key ingredients, intermediates, and formulations that help their customers’ products perform better.
In May 2004, Greyrock provided $6 million in subordinated debt and a $2.2 million equity co-investment to refinance Lycus' debt and support Edgewater Capital's acquisition of P-Chem. In August 2005, Greyrock provided a $1.4 million equity co-investment to support the acquisition of H&S Chemical. In August 2007, Greyrock lead a $14.5 million subordinated debt and equity co-investment facility to a support the acquisition of Syrgis Performance Initiators.