Ascensus Specialties (Wind Point) Acquires Callery, LLC

Ascensus Specialties Acquires Strem Chemicals UK (Strem UK)

November 9, 2022

Pharmaceuticals

Ascensus Specialties LLC acquired the business and certain assets of Strem Chemicals UK (Strem UK), the independent UK distributor of Ascensus high‑purity research reagents and CVD/ALD precursors. The deal brings Strem UK’s customer relationships into Ascensus’ global distribution footprint, with Strem UK senior leadership remaining to support a smooth transition.

Tilley-Phoenix Group Acquires Callahan Chemical Company

January 5, 2022

Industrial Services

Tilley-Phoenix Group, a portfolio company of SK Capital Partners, has acquired Callahan Chemical Company, a regional distributor of specialty ingredients. The acquisition expands Tilley-Phoenix's product portfolio, value-added services (formulation, QA/QC, blending and repackaging) and geographic reach in regulated end markets including food & beverage, personal care and pharmaceuticals.

Ascensus Specialties Acquires Wychem Limited from AURELIUS Equity Opportunities

December 13, 2021

Manufacturing

Ascensus Specialties LLC has acquired Wychem Limited, a UK-based independent fine chemical manufacturer, from AURELIUS Equity Opportunities. The acquisition expands Ascensus' European manufacturing footprint and adds Wychem's capabilities in aromatic compounds, halogenation and multi-step intermediates for pharmaceutical APIs; financial terms were not disclosed by Ascensus, while AURELIUS reported a 10.6x money-over-money multiple on the sale.

New Mountain Capital and Wind Point Partners Recapitalize Ascensus Specialties

July 7, 2021

Manufacturing

New Mountain Capital has led a recapitalization of Ascensus Specialties, with Wind Point Partners exiting its prior fund position while reinvesting alongside New Mountain through a special purpose vehicle anchored by Blackstone Strategic Partners. Ascensus, a Bellevue, Washington-based specialty chemicals manufacturer and global leader in borohydride, borane and specialty alcoholate reagents, will use the new capital to support R&D, product innovation and continued growth across pharmaceutical, microelectronics and other specialty end markets.

Ascensus Specialties Acquires Strem Chemicals

April 7, 2021

Manufacturing

Ascensus Specialties LLC, a Wind Point Partners-backed specialty chemicals platform, has completed the acquisition of Strem Chemicals, a Newburyport, Massachusetts-based maker of high-purity research-grade catalysts, ligands, organometallics and CVD/ALD precursors. The deal brings Strem's custom synthesis and cGMP manufacturing capabilities into the Ascensus platform to expand lab-to-commercial scale offerings and accelerate R&D and product development.

ALTIVIA Acquires Axiall's Specialty Phosgene Derivatives Business

February 26, 2015

Manufacturing

ALTIVIA has signed a definitive agreement to acquire the Specialty Phosgene Derivatives business and related assets from Axiall Corporation, including the La Porte, Texas chemical production facility. The transaction transfers roughly 120 facility employees to ALTIVIA and is intended to expand ALTIVIA's manufacturing capabilities and global competitiveness in specialty phosgene-derived products used in agricultural, pharmaceutical and industrial applications.