SPP is a value-added distributor of highly specialized herbicide and pesticide products to professional customers across the Unites States.   During Calvert Street’s ownership, the company was comprised of two operating subsidiaries, ADAPCO and Red River, through which it developed leading market positions across several attractive specialty chemical market segments, including mosquito control, forestry, industrial vegetation management, and range & pasture.


Industry: Industrial Services

Investment Thesis

SPP was formed by Calvert Street in July of 2006 in order to build a diversified, market-leading, specialty chemical distribution platform serving high value-add, niche market segments across North America. 


Value Creation Milestones