Innovative Surface Solutions

Innovative Surface Solutions

Innovative Surface Solutions provides environmentally friendly road maintenance solutions.

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DateInvestorsAmountRound
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Growth Equity non VC
Total Funding000k
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Founded in 1986, Innovative Surface Solutions began its journey to becoming a key manufacturer and supplier of liquid surface solutions. The company specializes in products for road safety and maintenance, agriculture, and other industrial uses, with a focus on environmentally safer applications. Their offerings include liquid de-icers, dust control agents, and agricultural solutions. Based in Ajax, Ontario, and Glenmont, New York, the company built the largest liquid distribution network in Eastern Canada and the U.S. Northeast. For years, the company was guided by CEO and majority owner Greg Baun, who took on the role in 1994. Under his leadership, Innovative established a reputation for reliability and providing high-quality solutions for a broad range of conditions. The business primarily distributes liquid salts like magnesium chloride and calcium chloride, serving government agencies, commercial clients, and water treatment facilities. A significant event in the company's timeline occurred in January 2022, when Banyan Capital Partners, a Canadian private equity firm, made a major investment. This partnership was designed to propel the company into its next phase of growth. Greg Baun remained as CEO and retained a significant ownership stake, expressing excitement about the collaboration. In 2023, David Safran, an experienced executive in the salt and de-icing industry, was appointed as the new President and CEO to lead this new chapter.

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