West Caldwell, NJ — October 9, 2026 — Keystone Capital Management, L.P. (“Keystone”) is pleased to announce that its portfolio company, Penta Fine Ingredients, Inc. (“Penta” or the “Company”), a longstanding solutions provider of specialty chemicals and intermediate ingredients serving the flavors, fragrance, and pharmaceutical markets, has completed the acquisition of ICS Georgia, Inc., which operates as Synerzine (“Synerzine”). Synerzine is a supplier of aroma ingredients for the flavor and fragrance industries based in Ellenwood, Georgia (www.synerzine.com). Synerzine offers more than 1,200 aroma ingredients, including their renowned Pyrazine catalogue, and hundreds of other natural, Kosher, and Halal materials. The Company has more than 40 years of experience serving flavor and fragrance customers. The addition of Synerzine expands Penta’s manufacturing capabilities and product portfolio in flavors and fragrances.
In connection with the transaction, Judy Pruss, previously President of Synerzine, has been named Chief Commercial Officer of Penta. Judy will report to Greg Robertson, Chief Executive Officer of Penta, and will lead customer engagement, business development, and commercial strategy across the combined organization.
“This acquisition expands Penta’s capabilities in flavors and fragrances and adds a complementary manufacturing platform,” said Greg Robertson, Chief Executive Officer of Penta Fine Ingredients. “We are pleased to have Judy, who has led Synerzine as President, join Penta as Chief Commercial Officer. Her relationships with customers will be central to how we serve the combined customer base going forward.”
“I am proud of what the Synerzine team has built and grateful to our customers for their trust over many years,” said Pruss, who served as President of Synerzine for nearly a decade. “Joining Penta represents an exciting next chapter. Together, we will offer a broader portfolio, expanded capabilities, and continue to support our customers with the service and quality they expect.”
“This acquisition is consistent with the strategy we outlined when we partnered with Penta,” said Matt DeLong, Managing Director at Keystone Capital. “Judy’s commercial leadership, together with the Synerzine product portfolio, will be instrumental as we scale the business and pursue long-term value creation.”
Penta will continue to seek acquisition opportunities in the ingredients and specialty chemical distribution and manufacturing space. Parties with knowledge of relevant potential investment opportunities are encouraged to contact Keystone.
Terms of the transaction are not being disclosed.
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About Keystone Capital
Keystone was founded in 1994 with the objective of investing the personal capital of its partners in high-quality businesses; patiently building long-term value alongside management through organic growth and strategic acquisitions. Keystone currently manages over $1 billion in capital across two funds. To maintain consistency with its historical investment strategy and align interest across all stakeholders, the principals of Keystone collectively represent the largest single investor in both of these funds, which has been structured with an extended life to support Keystone’s belief in investment period flexibility. Over the course of its history, Keystone has completed over 50 platform investments and more than 200 total acquisitions with a focus on commercial & industrial services, food & beverage, industrial technology, professional services, and technical services. For more information, please visit www.keystonecapital.com or follow Keystone on LinkedIn.
About Penta Fine Ingredients, Inc.
For over 40 years Penta has created strategic partnerships within the fine ingredient community that are vital in helping customers achieve their goals in today's ever changing business environment. In addition to a large ingredient portfolio, Penta maintains an extensive inventory of natural, FEMA GRAS, and cutting-edge materials critical to the flavor and fragrance markets. Companies worldwide have partnered with Penta in order to achieve their ongoing and future commercial business goals.
Connect with Penta on LinkedIn.