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Announced

Completed

New Mountain completed the acquisition of ILC Dover from Behrman Capital.

Synopsis

New Mountain Capital, an alternative investment manager with private equity, public equity and private credit strategies, completed the acquisition of ILC Dover, which designs and manufactures a broad range of innovative, highly engineered products utilizing high-performance flexible materials, from Behrman Capital, a middle-market private equity firm. Financial terms were not disclosed. "Behrman has been a terrific partner to us over the years and provided expertise and strategic resources that were instrumental in achieving our shared objectives. We are grateful for their support as we have pursued our long-term strategy to be the leading innovative, materials science-based solutions provider," Fran DiNuzzo, ILC Dover President and CEO.

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