Bain Capital Special Situations Takes ~20% Stake in IMS Nanofabrication from Intel

Intel to Sell 10% Stake in IMS Nanofabrication to TSMC for $430 Million

September 12, 2023

IT Services

Intel agreed to sell a 10% minority stake in its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing Company (TSMC) in a deal valued at about $430 million. The investment values IMS at roughly $4.3 billion, with Intel retaining majority ownership as IMS continues operating as a standalone subsidiary under CEO Dr. Elmar Platzgummer.

Gainline Capital Partners Invests in IMS Technology Services

January 15, 2025

Professional Services

Gainline Capital Partners, a Stamford-based private equity firm, announced a partnership investment in IMS Technology Services, a Garnet Valley, Pennsylvania audiovisual event staging, systems integration and managed services provider. The investment will support IMS's growth plans to expand offerings and geographic footprint while maintaining company culture and customer service.

Ampersand Capital Partners Provides Growth Equity to NanoImaging Services

June 12, 2023

Healthcare Services

NanoImaging Services (NIS), a San Diego–based provider of cryo-electron microscopy services to the pharmaceutical and biotechnology industries, received a growth equity investment from Ampersand Capital Partners. The financing — which included participation by members of NIS management — will fund worldwide growth initiatives including expanding microscope capacity and adding complementary services to support structural biology and nanoparticle characterization.

Niobrara Capital and Prysm Capital Acquire Polar Semiconductor

September 24, 2024

Manufacturing

Polar Semiconductor has been sold to Niobrara Capital and Prysm Capital following a $175 million equity financing to convert the company into a majority U.S.-owned merchant foundry. The investors and federal/state CHIPS incentives will support a roughly $525 million investment to double wafer capacity, add compound semiconductor, sensor and power semiconductor capabilities, and create 160+ jobs in Bloomington, Minnesota.

Apollo-Managed Funds Acquire 49% of Intel’s Fab 34 JV in Leixlip, Ireland for $11 Billion

June 5, 2024

Manufacturing

Apollo-managed funds and affiliates will invest $11 billion to acquire a 49% equity interest in a joint venture entity related to Intel’s Fab 34 in Leixlip, Ireland. Intel will retain 51% controlling interest, along with full ownership and operational control of Fab 34 and its assets, while the JV provides manufacturing wafer capacity on a cost-plus-margin basis.

Bain Capital Private Equity to Acquire FIS – Fabbrica Italiana Sintetici

July 7, 2023

Pharmaceuticals

Bain Capital Private Equity has reached binding agreements to acquire the Ferrari family’s shareholding in FIS – Fabbrica Italiana Sintetici S.p.A. The purchase transfers ownership from Nine Trees Group (NTG) and the Ferrari Family to Bain Capital, positioning FIS to pursue further international growth and capacity expansion in API development and manufacturing.