SK Capital buys Niacet Corp
SK Capital Partners said Feb. 2 that it closed its buy of Niacet Corp. Financial terms weren’t announced. Kelly Brannen will continue to serve as CEO and will retain a stake in the company. Niacet, of Niagara Falls, New York, produces specialty ingredients for food, feed, and pharmaceutical applications. KeyBanc Capital Markets provided financing. Latham & Watkins acted as legal counsel to SK Capital while Valence Group was financial advisor to Niacet.





