Gelest is a recognized world leader in customized, highly specialized organosilicon compounds, metal-organic compounds, and silicone materials. Headquartered in Morrisville, PA, Gelest has been an innovator, manufacturer, and supplier to advanced technology markets for over 25 years. Recognized by the industry for the high quality of its products and innovation, Gelest provides focused technical development and application support to a diverse set of markets, including life sciences, medical materials, pharmaceutical synthesis, diagnostics and separation science, personal care, and semiconductors. Gelest serves its customers through a materials science-driven approach, and is uniquely positioned due to its best-in-class manufacturing and synthetic formulation capabilities as well as a proprietary product portfolio. The Company utilizes its own state-of-the-art facilities to research, develop, manufacture, and test products in commercial and research quantities to the highest quality standards.
New Mountain acquired Gelest as a result of the firm’s multi-year, proactive “deep dive” effort in the specialty materials and life sciences sectors. New Mountain first entered into exclusivity with Gelest in May 2016, and New Mountain completed the acquisition of Gelest in March 2017 on a proprietary basis outside of an auction process. While New Mountain acquired a controlling interest in Gelest, the firm’s founder and management team maintain a significant investment in the new entity.