ILC Dover (“ILC”) is a leading engineered solutions provider of mission-critical applications to the pharmaceutical, biopharmaceutical, food and beverage, and aerospace and defense industries. Today, ILC designs and manufactures a broad range of innovative, highly engineered products utilizing high-performance flexible materials. The company has a more than seventy-year heritage of innovation, and commitment to expanding its product portfolio of mission-critical applications to end use cases including single-use pharmaceutical and biopharmaceutical production, personal safety, industrial packaging, infrastructure protection and a range of solutions for human space flight. Founded in 1947, ILC has over 700 team members dedicated to providing engineered solutions to address its customers’ complex problems. ILC is headquartered in Frederica, Delaware and serves its global customer base across six engineering and production facilities located in North America, Europe and Asia.
New Mountain acquired ILC Dover as a result of the firm’s long-standing sector initiative efforts in life sciences and specialty materials. Given NMC’s deep sector knowledge and relationships, NMC was able to present ILC Dover with a differentiated view on value creation opportunities, particularly in the life sciences production solutions space. As a result of its expertise in the sector and well developed strategic growth plan for ILC, management championed New Mountain as their preferred partner.