M&A Deal Summary

Mitsubishi Chemical Advanced Materials Acquires Gelest

On April 30, 2020, Mitsubishi Chemical Advanced Materials acquired chemicals company Gelest from New Mountain Capital

Acquisition Highlights
  • This is Mitsubishi Chemical Advanced Materials’ 2nd transaction in the Chemicals sector.
  • This is Mitsubishi Chemical Advanced Materials’ 2nd transaction in the United States.
  • This is Mitsubishi Chemical Advanced Materials’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2020-04-30
Target Gelest
Sector Chemicals
Buyer(s) Mitsubishi Chemical Advanced Materials
Sellers(s) New Mountain Capital
Deal Type Add-on Acquisition

Target

Gelest

Morrisville, Pennsylvania, United States
Gelest, Inc. is a manufacturer, and supplier of commercial and research quantities of organosilicon compounds, metal-organic compounds and silicones. Gelest serves advanced technology markets through a materials science-driven approach. The company provides focused technical development and application support for personal care, semiconductors, medical materials, pharmaceutical synthesis, diagnostics and separation science, and specialty polymeric materials: “Gelest – Enabling Your Technology.” Gelest was founded in 1990 and is based in Morrisville, Pennsylvania.

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Buyer(S) 1

Buyer

Mitsubishi Chemical Advanced Materials

Zurich, Switzerland

Category Company
Sector Chemicals
Employees2,800
DESCRIPTION

Mitsubishi Chemical Advanced Materials is a global manufacturer of high-performance thermoplastic materials in the form of semi-finished products and finished parts.


DEAL STATS #
Overall 3 of 3
Sector (Chemicals) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-21 c-m-p gmbh

Heinsberg, Germany

c-m-p GmbH is a globally active and technologically company, which has specialized in the development and manufacturing of the highest quality, customized prepregs, and textiles made of carbon and other high-performance fibers.

Buy -

Seller(S) 1

SELLER

New Mountain Capital

New York, New York, United States

Category Private Equity Firm
Founded 2000
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.


DEAL STATS #
Overall 29 of 45
Sector (Chemicals) 3 of 3
Type (Add-on Acquisition) 14 of 22
State (Pennsylvania) 2 of 2
Country (United States) 26 of 42
Year (2020) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-14 Pearce Services

Paso Robles, California, United States

Pearce Services is a provider of engineering, maintenance, and repair services for communications and expansion solutions for the wireline and wireless telecommunications industries. Pearce Services is based in Paso Robles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-01 Lincoln Investment

Wyncote, Pennsylvania, United States

Lincoln Investment Planning is a full-service independent broker-dealer providing investment, wealth and retirement planning services nationwide through a national network of financial advisors. Clients include corporations, school districts, universities, hospitals, other non-profits, and high net worth individuals. With headquarters in the greater Philadelphia metropolitan area, Lincoln Investment currently has more than 275 employees and over 800 financial advisors with 300 branches in 35 states.

Buy -