M&A Deal Summary |
|
|---|---|
| Date | 2025-06-30 |
| Target | Ascent Tubular Products |
| Sector | Metals/Mining |
| Buyer(s) | First Tube |
| Sellers(s) | Ascent Industries |
| Deal Type | Divestiture |
| Deal Value | 16M USD |
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First Tube is a live experience marketing platform designed to deliver always-on premium video content distributed at scale resulting in clear RO. First Tube was founded in 2017 and is based in Brooklyn, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1945 |
| Sector | Manufacturing |
| Employees | 514 |
| Revenue | 178M USD (2024) |
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.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Metals/Mining M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2025 M&A | 2 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-12 |
Bristol Metals
Bristol, Tennessee, United States Bristol Metals is a manufacturer of Stainless, duplex, super duplex, 6 moly, nickel alloy and titanium welded steel pipe. Bristol Metals was founded in 1941 and is based in Bristol, Tennessee. |
Sell | $45M |
