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New Deal


Announced

Completed

New Mountain Capital completed the acquisition of Ascensus Specialties from Wind Point Partners.

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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Acquisition

Completed

Single Bidder

Specialty Chemicals

United States

sodium borohydride

Domestic

Private Equity

Friendly

Majority

Private

Restructuring

Synopsis

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New Mountain Capital, a private equity firm, completed its acquisition of Ascensus Specialties, a provider of specialty materials for use in critical life sciences and specialties markets and applications. Financial terms were not disclosed. “I want to thank my team and our board of directors for their hard work and support. This is an exciting time for the Ascensus family. Wind Point continues to be a great partner, and New Mountain brings proven success in life sciences, with companies like Avantor, Gelest, Aceto, and ILC Dover. With this new partnership, Ascensus will have tremendous access to capital and resources to further invest behind R&D and product innovation in a transformative way," Mike Huff, Ascensus Specialties CEO.

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