Pacific Avenue Capital Acquisition & CEO Appointment

 

We are pleased to join our client, Pacific Avenue Capital Partners in announcing the completion of its acquisition of the Poly bd®, Wingtack®, and Dymalink® product lines from TotalEnergies. In connection with the acquisition, Resin Solutions has appointed Joan Braca and Anthony Glauser as Chief Executive Officer and Chief Financial Officer, respectively. Vardis appreciated the opportunity to support Pacific Avenue’s Investing and Operations teams during the investing process on these two key appointments.

Braca brings decades of experience in executive leadership positions in a variety of U.S. and international specialty chemicals businesses. Braca was most recently CEO of Johnson Matthey Clean Air and has also held executive positions with Dow Chemical and the Rohm and Haas Company.   She recently conclude a term on the Board of Directors of Univar and serves in a similar capacity with ELO Life.

The appointment of Anthony Glauser as CFO represents the addition of a strategic-minded CFO with a proven track record leading industrial platforms, including most recently as CFO of NeoGraf Solutions, LLC. Glauser has also held similar positions with Fives North American Combustion, Inc. and General Aluminum, a Park Ohio Company.

Chris Sznewajs, Founder and Managing Partner of Pacific Avenue commented, “We are thrilled to announce the successful closing of our acquisition and corresponding appointment of Joan Braca and Anthony Glauser as CEO and CFO. We believe Joan and Tony represent extremely strong additions to an already talented management team and look forward to investing behind the Resin Solutions team to continue to meet the needs of our customers.”

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