# Ingersoll Rand to acquire ILC Dover from New Mountain Capital for $2.325B

Ingersoll Rand agreed to acquire ILC Dover from New Mountain Capital for an upfront cash price of about $2.325 billion plus an earnout. ILC makes single-use solutions and components for biopharma and medical devices.

- Type: Acquisition
- Announced: 2024-03-25
- Where: United States
- Value: $2.33B
- Status: announced
- Products: single-use powder and liquid solutions, silicone, thermoplastic and specialty rubber components
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [ILC Dover](https://endata.com/companies/11669.md) (target)
- [New Mountain Capital](https://endata.com/companies/11670.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240324336524/en/Ingersoll-Rand-to-Acquire-ILC-Dover-to-Expand-Presence-in-Life-Sciences), 2024-03-25: "This acquisition is the next phase of our long-term vision to expand into higher-growth end markets like life sciences."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.