Wind Point-backed Ascensus completed the acquisition of Strem Chemicals for $99m.

Wind Point-backed Ascensus, a manufacturer of specialty chemicals, completed the acquisition of Strem Chemicals, a provider of high-purity, research-grade catalysts, ligands, organometallics, metal carbonyls and CVD/ALD precursors, for $99m. “We are extremely excited to have Strem join the Ascensus family. Strem has a world-class team and a renowned reputation that has been methodically fostered for over half a century under the leadership of Michael Strem and Ephraim Honig. We will look to further support the team’s highly technical R&D culture, differentiated product offering and value-added customer relationships. Together, Ascensus and Strem will be a global specialty chemicals leader serving the demanding, high-growth life sciences and specialties markets," Mike Huff, Ascensus CEO.