Announced
Completed
Financials
Tags
Acquisition
Completed
Single Bidder
Specialty Chemicals
United States
sodium borohydride
Domestic
Private Equity
Friendly
Majority
Private
Restructuring
Synopsis
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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