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Industries
Data & Analytics
Consulting
Government & Public Sector
Enterprise Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
West Haven, Connecticut
Founded
N/A
Element Solutions partners with government and commercial clients to create human-centered digital experiences that emphasize efficiency and excellence. Its core capabilities include CMS Data Experience with deep domain experience in insurance, claims, and quality data across the CMS ecosystem, helping healthcare stakeholders analyze data from diverse sources to inform policy decisions. It advances healthcare interoperability by building functionality using standards like FHIR to connect government agencies, providers, and patients, promoting patient data accessibility and better care. It leads in DevSecOps with engineered CI/CD pipelines ensuring stability during high-traffic periods and offers consultative guidance to apply modern technologies and tailored methods, guided by values of Innovation, Collaboration, Integrity, Equity, and Creativity.
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Total Funding
$1.6B
Above
Industry Average
Funded Over
1 Rounds
Remote Work Options
Element Solutions has been highlighted by Jim Cramer, who expects the stock to "keep on soaring" if the rest of the year matches first-quarter performance. The specialty chemicals technology company, which provides assembly, circuitry and semiconductor solutions, is trading at less than 19 times this year's earnings estimates. Cramer noted that whilst Element Solutions' five-year performance has been relatively stagnant, recent results show improvement. The company is expected to deliver nearly 20% revenue growth and 17% earnings growth this year, followed by strong performance in 2027. However, Cramer cautioned that the stock could sell off if the Iran war concludes or if the semiconductor boom weakens. Element Solutions trades on the NYSE under ticker ESI.
Element Solutions Inc., a global specialty chemicals company, has completed its acquisition of Micromax from Celanese for $500 million. The deal adds high-value capabilities in specialty and rare gases alongside advanced materials. Micromax, which will be rebranded as EFC Gases Advanced Materials, will operate as a standalone business unit within ESI's newly renamed Specialties Segment. The acquisition opens new growth opportunities in semiconductor manufacturing, electrical transmission infrastructure and space applications. Element Solutions expects the Specialties Segment to achieve mid-single-digit growth with adjusted EBITDA margins exceeding 20%. The West Palm Beach-based company serves sectors including consumer electronics, automotive systems, semiconductor fabrication and offshore energy.
Element Solutions has entered into Amendment No. 10 to its Credit Agreement, adding $450 million in incremental term loans and establishing a new $500 million revolving credit facility with Citibank. The term loans, fungible with existing tranche B debt, helped fund the Micromax acquisition that closed on 2 February 2026 and mature on 18 December 2030. The new revolving credit facility replaces the previous $375 million facility and extends maturity to 2 February 2031. The arrangement provides additional liquidity to support Element Solutions' ongoing operations and strategic initiatives.
Celanese Corporation has completed the sale of its Micromax® business to Element Solutions Inc for approximately $500 million in cash. The global specialty materials and chemical company will use the proceeds to support deleveraging efforts. CEO Scott Richardson said the transaction advances Celanese's strategic priorities of cash generation and deleveraging whilst allowing the Micromax team to continue growing under Element Solutions. Celanese is a Fortune 500 company employing over 11,000 people worldwide, with 2024 net sales of $10.3 billion. The company produces specialty material solutions used across major industries and consumer applications.
Element Solutions has raised its return on capital employed by 23% over the past five years whilst keeping capital employed relatively flat, suggesting improved operational efficiency. The company currently generates an ROCE of 7.6%, below the chemicals industry average of 9.5%. The New York Stock Exchange-listed firm has achieved these higher returns without additional investments, indicating increased business efficiency. Investors have responded positively, with shares returning 81% over five years. Analysts suggest the company's improving profitability trends, combined with stable capital requirements, position it favourably for future growth. Element Solutions is generating more pre-tax profits from its existing capital base, a pattern that could continue if current operational improvements persist.
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Industries
Data & Analytics
Consulting
Government & Public Sector
Enterprise Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
West Haven, Connecticut
Founded
N/A
Find jobs on Simplify and start your career today