SeQuential-Pacific Biodiesel, LLC announced that it has been acquired by Crimson Renewable Energy, LP. SeQuential, headquartered in Portland, Oregon, is a fully-integrated renewable energy company that markets finished biodiesel products throughout the West coast. SeQuential's mission is to build a better energy model that puts people, community, and the environment first. This transaction is the successful culmination of an initiative led by Bigelow LLC to proactively seek out the next owner of SeQuential who will support its continuing growth plans.
Since 2008, SeQuential (www.choosesq.com) has collected and turned used cooking oil, fats, and grease into renewable biodiesel. SeQuential collects from restaurants, universities, stadiums, zoos, and food processors throughout the Pacific Northwest and Northern California. The company also provides professional line-jetting and grease-trap-cleaning services. From its Salem, Oregon facility, SeQuential is also a BQ-9000-certified biodiesel producer and marketer, offering one of the lowest carbon fuels available. The Company delivers biodiesel directly to schools, municipalities, farms and delivery fleets to power their trucks, buses, and machinery. To date, SeQuential has produced 50 million gallons of biodiesel.
“SeQuential has enjoyed tremendous growth supported by a group of committed individual investors who share a passion for our mission. With Crimson as our new owner, we are now positioned to take the Company to an even higher level of success.” Tyson Keever, President & CEO SeQuential-Pacific Biodiesel, LLC
Crimson Renewable Energy (www.crimsonrenewable.com) is California’s largest producer of high-quality, ultra-low carbon biodiesel and a leading participant in the future of advanced biofuels and transportation fuels. Crimson operates the largest biodiesel production facility in California and distributes biodiesel to the wholesale market in the Western United States.
Originally established in 1935, Bigelow LLC is an independently owned M+A advisory boutique with a singular and passionate focus: entrepreneur owner-managed businesses. Bigelow has a reputation for having a unique understanding of the special requirements of the owner-managed, entrepreneurial operating company in building, and ultimately capturing, enterprise value.