About Ascensus Specialties
Ascensus Specialties is a Chemicals & Materials company based in Bellevue (United States) founded in 1957, and was acquired by New Mountain Capital in July 2021. It operates as a specialty chemicals are produced by Ascensus Specialties. It operates in the Chemicals & Materials and Healthcare sectors. The company has 248 employees. Ascensus Specialties has completed 3 acquisitions, including Callery, Strem and Wychem. Its website ascensusspecialties.com draws about 26 thousand monthly visits. Ascensus Specialties offers products and services including Alkali Metals, Boranes, Borohydrides, Boronic Acid & Esters, and cGMP/APIs. Its focus areas include Biopharma Outsourcing, CDMO, Small Molecules & Peptides and API Production. Its legal entity is VERTELLUS PERFORMANCE CHEMICALS LLC. Its competitors include Laurus Labs, Symbiotec, Provepharm Life Solutions, SeQuent and Sterling Pharma Solutions and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Ascensus Specialties was established in 1957 in Bellevue, United States. Operations are centered on the manufacturing of specialty chemicals within the chemical industry sector. These chemicals are developed and supplied for industrial applications, with a focus on quality and reliability. The companys activities are conducted from its base in the United States, serving domestic and potentially international markets through established distribution channels.
- Headquarters Bellevue, United States
- Employees 248
- SectorsChemicals & MaterialsHealthcare
- Phone•••• ••••
- Website ascensusspecialties.com
- Social LinkedIn X
- Acquired by New Mountain Capital (Jul 2021)
- Legal Name Vertellus Performance Chemicals Llc
- InvestorsNew Mountain Capital
& 1 more
- Employee Count248
- Investments & AcquisitionsCallery
& 2 more
- Acquired by
Products & Services of Ascensus Specialties
Ascensus Specialties offers a comprehensive portfolio of products and services, including Alkali Metals, Boranes, Borohydrides, Boronic Acid & Esters, and cGMP/APIs.
Reagents for chemical synthesis and industrial processes.
Compounds used in various chemical applications.
Materials for reduction reactions in synthesis.
Compounds for organic synthesis and catalysis.
APIs compliant with good manufacturing practices.
Reagents for advanced chemical transformations.
Investors in Ascensus Specialties
Ascensus Specialties has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include New Mountain Capital and Wind Point Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
New Mountain Capital manages investments in private equity, credit, and net lease strategies. | – | newmountaincapital.com | - | |
A private equity firm focused on middle market businesses. | 1984 | wppartners.com | Chicago, United States |
Investor details for Ascensus Specialties
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People of Ascensus Specialties
1 people are tracked at Ascensus Specialties (1 in team); the tracked headcount is 248.
| Name | Role | Group |
|---|---|---|
Michael Huff | Co-chairman | Team |
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Investments & Acquisitions by Ascensus Specialties
Ascensus Specialties has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Callery, Strem and Wychem.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Specialty chemicals are manufactured in Newmarket, United Kingdom. | wychem.com | Newmarket, United Kingdom | 1968 | Dec 2021 | •••• | |
Specialty chemicals are manufactured for multiple sectors. | strem.com | Newburyport, United States | 1964 | Apr 2021 | •••• | |
Specialty chemical products are manufactured in the United States. | callery.com | Evans, United States | 2017 | Sep 2019 | •••• |
Complete acquisition details for Ascensus Specialties
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Timeline of Ascensus Specialties
6 dated milestones of Ascensus Specialties across 64 years, from founding to its latest funding, stage changes and deals.
- Founded Ascensus Specialties is founded.
- Exit Acquired by Wind Point Partners.
- Acquisition Acquires Callery.
- Acquisition Acquires Strem.
- Exit Acquired by New Mountain Capital.
- Acquisition Acquires Wychem.
Competitors of Ascensus Specialties
Ascensus Specialties has 9 listed competitors in our database, 3 of them funded. They include Laurus Labs, Symbiotec, Provepharm Life Solutions, SeQuent and Sterling Pharma Solutions, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lauruslabs.com | 2005 | Hyderabad, India | $229.73M | 6,035 | Pharmaceutical and biotechnology company | |
| symbiotec.in | 2002 | Indore, India | $61.01M | 1,822 | Non-sterile steroid hormone-based APIs and intermediates are manufactured. | |
| provepharm.com | 1998 | Marseille, France | $145.93M | – | APIs and drug products are developed and valorized in pharmaceuticals. | |
| sequent.in | 2002 | Bengaluru, India | – | – | APIs are developed and manufactured for therapeutic areas. | |
| sterlingpharmasolutions.com | 2016 | Dudley, United Kingdom | – | 560 | Contract development, manufacturing, and analytical services for APIs are offered. | |
| snapdragonchemistry.com | 2014 | Cambridge, United States | – | 43 | Drug discovery and development service provider | |
| jubilantpharma.com | 1978 | Noida, India | – | – | Pharmaceuticals, APIs, and radiopharmaceuticals are manufactured by the company. | |
| hikal.com | 1988 | Mumbai, India | – | 355 | APIs and intermediates are produced via custom synthesis and research. | |
| stpharm.co.kr | 2008 | – | – | – | Oligonucleotide, mRNA, and small molecule CDMO services are provided. |
Detailed competitors of Ascensus Specialties
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Web traffic of Ascensus Specialties
The website of Ascensus Specialties (ascensusspecialties.com) receives about 25.9K visits a month.
- Monthly visits25.9K
▲ 44.7% vs previous month
Top companies in Core & Diversified Chemicals
10 companies that operate in the same segment as Ascensus Specialties (Core & Diversified Chemicals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Chemical materials are designed and applied across industrial sectors. | 2004 | United States | – | USD 10.66 B | 21,080 | |
Speciality Chemicals manufacturer | 1995 | Muttenz, Basel-landschaft, Switzerland | – | USD 4.95 B | 10,460 | |
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | – | USD 1.21 B | 1,020 | |
Chemicals and ingredients are distributed globally by Univar Solutions. | 1924 | Downers Grove, Illinois, United States | USD 38.38 M | USD 832.6 M | – | |
AGC is engaged in manufacturing glass and chemical products. | 2000 | Tokyo, Tokyo, Japan | – | USD 1.61 M | 6 | |
Gases and chemical products are supplied to diverse industrial sectors. | 1902 | Paris, France | – | USD 31.65 B | 66,660 | |
Industrial, medical, and specialty gases are manufactured by Messer Group. | 1898 | Bad Soden-salmunster, Hessen, Germany | – | – | – | |
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 2.13 M | – | |
Multiple sectors are invested in by this private equity firm. | 1920 | Kingsport, Tennessee, United States | – | USD 8.76 B | 14,000 | |
Evonik is recognized as a leader in specialty chemicals innovation. | 1847 | Essen, North Rhine-westphalia, Germany | – | USD 24.8 M | 93 |
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Frequently Asked Questions about Ascensus Specialties
Ascensus Specialties was founded in 1957.
Ascensus Specialties is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Ascensus Specialties has 248 employees.
Ascensus Specialties was established in 1957 in Bellevue, United States. Operations are centered on the manufacturing of specialty chemicals within the chemical industry sector. These chemicals are developed and supplied for industrial applications, with a focus on quality and reliability. The companys activities are conducted from its base in the United States, serving domestic and potentially international markets through established distribution channels.
Ascensus Specialties's top competitors include Laurus Labs, Symbiotec and Sterling Pharma Solutions.
Ascensus Specialties offers Alkali Metals, Boranes, Borohydrides, Boronic Acid & Esters, and 2 more products and services.
Ascensus Specialties has 2 investors. Key investors include New Mountain Capital, and Wind Point Partners.
Ascensus Specialties operates through Vertellus Performance Chemicals Llc.
Yes. Ascensus Specialties was acquired by New Mountain Capital in July 2021.