Trinseo now a fully public company with Bain exit

Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced Bain Capital’s successful sale of its remaining stake in the company.  

 

The sale, which was made public on September 19, 2016, concluded Bain Capital’s formal investment in Trinseo, and completes a process that began when Bain helped lead Trinseo’s corporate formation and subsequent IPO in June of 2014. 

 

Bain Capital Everest Manager Holding SCA, the selling shareholder, sold its remaining ownership of 10,669,567 shares in Trinseo earlier this week. The selling shareholder received all the net proceeds from this offering.  No shares were sold by Trinseo.