Ascensus Specialties Acquires Strem Chemicals UK (Strem UK)

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.

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 (Wind Point) Acquires Callery, LLC

September 6, 2019

Manufacturing

Ascensus Specialties LLC, a Wind Point Partners–backed chemical producer, has signed a definitive agreement to acquire Callery, LLC, the global leader in boranes and specialty alcoholates. The add-on acquisition will combine complementary reagent chemistry capabilities to create a broader global reagents platform serving pharmaceutical, life sciences and specialty industrial end markets; terms were not disclosed.

Ascensus Acquires United Retirement Plan Consultants from Stonehenge Partners

June 3, 2019

Financial Services

Ascensus acquired United Retirement Plan Consultants (URPC) from Stonehenge Partners in June 2019. The transaction, terms undisclosed, adds URPC's national retirement plan design, consulting and administration capabilities — including 12 U.S. sales/service centers and a processing center in India — to Ascensus's recordkeeping and TPA platform.

Stax LLC Acquires London-Based AMR International

November 9, 2022

Consulting

Stax LLC, a Blue Point Capital Partners–backed global strategy consulting firm, has acquired London-based AMR International to expand its presence in the U.K. and Europe. The acquisition strengthens Stax's capability in buy- and sell-side commercial due diligence across technology, media, events and information sectors and is the platform's inaugural add-on in the region.