SCHEDULE 13G/A: Advent International Affirms Majority Stake in NCS Multistage Holdings with Amended SEC Filing
Beneficial Ownership Amendment
Advent International and its affiliated entities have filed an amended Schedule 13G, confirming their beneficial ownership of 58.19% of NCS Multistage Holdings, Inc.'s common stock.
Summary
- Advent International, L.P. and its various affiliated limited partnerships and LLCs (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G.
- The filing reports the beneficial ownership of Common Stock, par value $0.01 per share, of NCS Multistage Holdings, Inc.
- As of March 31, 2025, the Reporting Persons collectively beneficially own 1,478,426 shares of NCS Multistage Holdings, Inc. Common Stock.
- This aggregate amount represents 58.19% of the Issuer's outstanding Common Stock.
- The percentage is calculated based on 2,540,849 shares of Common Stock outstanding as of April 29, 2025, as reported in the Issuer's 10-Q filed with the SEC on May 1, 2025.
- All Reporting Persons hold sole voting and sole dispositive power over their reported shares, with no shared voting or dispositive power indicated.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment. It is a neutral update on a significant shareholder's stake.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by a significant private equity investor in a publicly traded company. It reflects the continued substantial stake held by Advent International in NCS Multistage Holdings, Inc., a company operating in the oilfield services sector. Such large ownership by a private equity firm often indicates a strategic, long-term investment or control position, which is common in industries undergoing consolidation or requiring significant capital investment.
Stakeholder Impact
- Shareholders: Confirms the continued significant influence and control of Advent International over NCS Multistage Holdings, Inc., which may impact future strategic decisions, capital allocation, and potential liquidity events.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement (beneficial ownership calculation date). |
| 04/29/2025 | Date as of which 2,540,849 shares of common stock were outstanding, as reported in the Issuer's 10-Q. |
| 05/01/2025 | Date the Issuer's 10-Q was filed with the SEC, reporting the outstanding shares. |
| 05/15/2025 | Date of filing for the Schedule 13G Amendment. |
Keywords
NCS Multistage Holdings Inc., Advent International, Schedule 13G/A, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Private Equity, Shareholding, Corporate Governance
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