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Announced

Completed

Mitsubishi Chemical America completed the acquisition of Gelest Intermediate Holdings from New Mountain Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

United States

organosilanes

Acquisition

metal-organic compounds

Private

Diversified Materials

specialty monomers

Friendly

silicones

Domestic

Private Equity

Completed

Synopsis

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Mitsubishi Chemical America, a chemical products manufacturer, completed the acquisition of Gelest Intermediate Holdings, a manufacturer and supplier of silicones, organosilanes, metal-organics and specialty monomers, from New Mountain Capital, a private equity firm. Financial terms were not disclosed. “New Mountain Capital has been a terrific partner and helped us to significantly grow the company over the past three years. We now look forward to joining MCC where their capabilities and breadth will allow Gelest to create even more value for customers and opportunities for employees,” Ken Gayer, Gelest CEO.

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