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July 9, 2021
New York-based investment firm New Mountain Capital has acquired Ascensus Specialties, a leading U.S. based provider of specialty materials for use in critical life sciences and specialties markets and applications. Wind Point Partners, the former majority shareholder, will reinvest in Ascensus in partnership with New Mountain Capital through a special purpose vehicle raised in association with the transaction. Headquartered in Bellevue, Ascensus is a world leader in borohydride, borane and specialty alcoholates chemistries. The Company supplies a diversified portfolio of reagents and catalysts to a global customer base in the pharmaceutical, microelectronics, and other specialty end markets. The company serves its global customer base at its three facilities located in Elma, Washington, Evans City, Pennsylvania, and Newburyport, Massachusetts.