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SI Group Announces Closing of Comprehensive Recapitalization, Positioning the Company for Accelerated Growth

SI Group today completed a comprehensive recapitalization announced from The Woodlands, Texas, supported by its lenders and equity partners.
The new institutional investor group injected $150 million of junior capital, which SI Group said will fund working capital, back key operational initiatives, and accelerate growth to serve customers and business partners.
The recapitalization sharply de‑levered the balance sheet with outstanding net indebtedness reduced by $1.7 Billion, an over 80% reduction, and amended the revolving credit facility with advisers including Latham & Watkins LLP, PJT Partners, AlixPartners LLP, Akin Gump Strauss Hauer & Feld LLP, and Lazard.
Serving customers in 80 countries, SI Group’s President and CEO, David Bradley, said the $1.7 billion debt reduction and $150 million investment 'positions the company to continue investing in growth and operations.'
Positioned as a market leader, SI Group focuses on performance additives, process solutions and chemical intermediates and earned a 2025 bronze award for corporate social responsibility by EcoVadis, ranking in the top 35 percent of more than 150,000 companies worldwide.

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