Ascent Industries - M&A Summary and Business Overview

ManufacturingCompany

Ascent Industries M&A Summary

Ascent Industries has acquired 5 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Ascent Industries’ largest acquisition to date was in 2021, when it acquired DanChem Technologies for $33M. Ascent Industries has acquired in 5 different US states. The Company’s most targeted sectors include chemicals (40%) and energy services and equipment (40%).

Ascent Industries Business Overview

Where is Ascent Industries headquartered?

Ascent Industries is headquartered in Oak Brook, Illinois.

What is Ascent Industries’ revenue?

Ascent Industries disclosed revenue of 262M USD for 2022 and 335M USD for 2021.

How many employees does Ascent Industries have?

Ascent Industries has 514 employees.

What sector is Ascent Industries in?

Ascent Industries is a manufacturing company.

When was Ascent Industries founded?

Ascent Industries was founded in 1945.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Ascent Industries

Ascent Industries Co.

1400 16th Street, Suite 270,
Oak Brook, Illinois 60523
United States,
(630) 884-9181
www.ascentco.com

Ascent Industries encompasses a portfolio of highly respected manufacturing businesses including Manufacturers Chemicals, DanChem, CRI Tolling, Bristol Tubular Products, the stainless steel and galvanized pipe and tube operations of Marcegaglia USA, and American Stainless Tubing. Ascent Industries was founded in 1945 and is based in Oak Brook, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 - 1 - - - 5
vol $32M $33M $64M
Sell (0.0/yr) # 1 - - - - - 1
  6

Most Recent M&A

Company Date Value Type
DanChem Technologies, Inc. 2021-10-25 33M USD Add-on Acquisition
Danville, Virginia · www.danchem.com
Universal Stainless & Alloy Products, Inc. 2017-06-29 - Stake Purchase
Bridgeville, Pennsylvania · www.univstainless.com
Specialty Pipe & Tube, Inc. 2014-11-21 32M USD Divestiture
Mineral Ridge, Ohio · www.specialtypipe.com
Ram-Fab, Inc. 2014-09-04 - Divestiture
Crossett, Arkansas
Color Resources LLC 2013-08-29 - Add-on Acquisition
Fountain Inn, South Carolina · www.critoll.com
Ram-Fab, Inc. 2009-09-03 - Add-on Acquisition
Crossett, Arkansas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 2 (40%) 32M (49%) 1 (100%) -
Chemicals 2 (40%) 33M (51%) - -
Metals/Mining 1 (20%) - - -
Total 5 $64M 1 -

By Geo

State/Country Buy Value Sell Value
United States 5 64M 1 -
  Arkansas 1 - 1 -
  South Carolina 1 - - -
  Pennsylvania 1 - - -
  Ohio 1 32M - -
  Virginia 1 33M - -
Total 5 $64M 1 -

Deal Values

buy # Total
< $100M 2 $64M
TOTAL $64M
Largest DanChem Technologies, Inc.
$33M (2021-10-25)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)
Strategic(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Manufacturing

Revenue

262   22% 2022
335   31% 2021
256   17% 2020
305   9% 2019
281   40% 2018
201   45% 2017
139   21% 2016
175   13% 2015
200   3% 2014
196   19% 2013
166   2012
(millions of USD) Show More Show Less

Employees

514

Established

1945

Public

NASDAQ: ACNT

Former Name

Synalloy Corp.

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