SolvChem Secures Senior Credit Facility from Amegy Bank

Austin, Texas – June 18, 2024 – Leading lower-middle market investment bank, Westlake Securities, today announced the closing of a senior credit facility for SolvChem with Amegy Bank, a division of Zions Bancorporation, N.A.

SolvChem, headquartered in Pearland, Texas, is a 50+ year old leading diversified chemicals company specializing in custom chemical blending and packaging for the top companies and brands in the world and is the largest independent chemical distributor in Texas. The Company’s financing will be used to refinance existing debt and fund future capital investments in support of its strategic growth plan.

Jean-Pierre Baizan, President of SolvChem, commented on the successful closing, “Westlake Securities’ willingness to understand the unique capital needs of our business coupled with their lender relationships and partnership approach were instrumental in helping us execute on this strategic objective to support our Company’s growth.”

“We are pleased to have secured this senior debt financing from Amegy Bank,” said Bill Osterhout, CFO of SolvChem. “This financing will provide us with the capital we need to execute our strategic plan, expand our production offerings and capacity, and better serve our growing, diverse customer base. We appreciate Westlake Securities’ expertise in structuring this transaction and finding the right financial partner for us.”

Jon D’Andrea, a Managing Director with Westlake Securities, stated, “We are thrilled to have partnered with SolvChem to secure this financing. SolvChem is a well-respected company with a strong track record of innovation and growth. We are confident that this financing will position them for continued success.”

“The thoughtful collaboration among our team of Amegy bankers, Westlake Securities, and SolvChem management was instrumental in developing a unique structure that supports SolvChem’s growth strategy,” said Amegy Bank’s commercial lending manager, Ryan Hightower. “Westlake Securities’ role throughout the process was invaluable. We are extremely pleased with the outcome and excited about the future of SolvChem.”

The closing of this transaction further underscores Westlake Securities’ ability to connect middle-market companies with the ideal financing solutions to achieve their business goals.

If you’re interested in learning more about this deal or the potential options for your company, please feel free to get in touch.

About SolvChem

Founded in 1971, SolvChem, Inc. is a second-generation family-owned, minority-certified chemicals business that specializes in chemical distribution, consumer chemical products (branded and private label), and custom chemical blending and packaging for the top companies and brands in the world. Headquartered in Pearland, Texas, the company also maintains a distribution facility in Dallas to strategically serve the Texas, Louisiana, Arkansas, and Oklahoma domestic markets, as well as Latin America and broader international markets. To learn more about SolvChem, visit


About Westlake Securities

Westlake Securities is an Austin-based, leading lower-middle market investment bank that provides a comprehensive suite of investment banking services to companies throughout the U.S. The firm focuses on mergers and acquisitions, private placements, liquidity, liquidation, and restructuring advisory, management and growth consulting, and on-site and remote fractional and interim c-suite roles for a broad array of industries. To learn more about Westlake Securities, visit


About Amegy Bank

Amegy Bank, a division of Zions Bancorporation, N.A., is a leading Texas bank with $14 billion in assets and about 1,000 employees. In 2023, Amegy earned six Best Brand Awards, 20 Greenwich Excellence Awards, seven Middle Market Awards, and 13 Small Business Excellence Awards, ranking third among all U.S. banks. With more than 75 locations across Houston, Dallas-Fort Worth, and Central Texas, Amegy is dedicated to serving Texas communities, families, and businesses. Founded in 1990, Amegy has a strong tradition of relationship banking, local decision-making, and financial knowledge. Amegy specializes in banking businesses of all sizes, particularly family-owned businesses, and has the resources to provide financing, treasury management, and other products and services that help companies grow. Equally important, the bank offers individuals and families a wide range of depository, lending, wealth management, and mortgage solutions. To learn more about Amegy Bank, visit