New Mountain Capital's Credit Funds Acquire Benevis (LT Smile Corporation)

New Mountain Capital Acquires Majority Stake in Salute Holdings

September 30, 2024

Infrastructure

New Mountain Capital has made a majority investment in Salute Holdings, a provider of integrated lifecycle services for data centers, with existing investor LLR Partners retaining a significant minority stake. The investment will support Salute’s growth trajectory, expansion of technology-enabled offerings, and continued focus on recruiting and training talent across its global footprint.

Thomas H. Lee Partners and Linden Capital Partners Invest in Smile Doctors

January 5, 2022

Healthcare Services

Smile Doctors, the largest U.S. orthodontics-focused dental support organization with more than 295 locations, announced a strategic investment from Thomas H. Lee Partners. THL is investing alongside existing sponsor Linden Capital Partners in an equal partnership while affiliated orthodontists retain a significant ownership stake to support continued growth and expanded service offerings.

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.

Sun Capital Affiliate Acquires Simply Beautiful Smiles

February 5, 2019

Healthcare Services

An affiliate of Sun Capital Partners has completed the acquisition of Delaware Valley Management Holdings, Inc., which operates as Simply Beautiful Smiles, a regional dental service organization headquartered in Langhorne, Pennsylvania. The seller was The Beekman Group; terms were not disclosed. Sun Capital said it will support growth by driving patient acquisition, integrating new practices, and building the company's infrastructure to scale the platform.

New Mountain Capital Recapitalizes CenseoHealth and Advance Health

December 7, 2017

Healthcare Services

New Mountain Capital has acquired a majority ownership interest in CenseoHealth and Advance Health through a recapitalization announced December 7, 2017. The investment combines the two technology-enabled payer service providers to create a scale platform offering in-home health assessments, chronic care management and care coordination for health plans and providers across the United States.

New Mountain Capital and Eir Partners Acquire Convey Health Solutions

October 6, 2016

Healthcare Services

Convey Health Solutions, a Fort Lauderdale–based provider of technology and benefits administration for government-sponsored health plans, has partnered with New Mountain Capital with co-investment from Eir Partners. The investment will support Convey’s next phase of growth and product/service enhancement; Houlihan Lokey advised Convey and TripleTree advised New Mountain.