LongRange Capital completed the acquisition of US Synthetic from ChampionX for $300m.

LongRange Capital, a private equity firm, completed the acquisition of US Synthetic, an innovative company in the energy industry, from ChampionX, a chemistry solutions and highly engineered equipment company, for $300m. “We are excited to complete our acquisition of US Synthetic and to partner with Rob and the entire US Synthetic team. The Company has built an exceptional culture of continuous improvement and demonstrated a track record of success through its focus on innovation and customer service. We look forward to supporting US Synthetic as they continue to build upon their material science expertise in delivering industry-leading PCD solutions and expanded use of their unique synthetic diamond technology across different industrial applications,” Bob Berlin, LongRange Managing Partner.