Intrepid announced today that it acted as exclusive advisor to Aceto U.S., LLC (Aceto) on its acquisition of IsleChem, LLC, a Grand Island, N.Y.-based provider of chemical manufacturing, contract research and development services, analytical services, and technical and support services to the pharmaceutical, agricultural, medical, automotive and electronics industries.
Founded in 1947, Port Washington, N.Y.-based Aceto is a leading distributor and manufacturer of specialty chemicals, intermediates, and reagents to the life sciences and advanced technology end markets. The acquisition of IsleChem expands Aceto’s ability to support its customers through all stages of product development around the world.
“We couldn’t be more pleased to work with the Aceto team. We were able to assist them in the identification and delivery of a transformative acquisition that adds key capabilities in support of Aceto’s strategic vision,” said Joseph Husband, Intrepid’s Director of Business Development.
Intrepid’s Buy-Side Advisory team conducts strategic acquisition searches for private equity groups, their portfolio companies, and large corporations in a wide variety of industries.