Private equity firm Keystone Capital has acquired a stake in Penta Fine Ingredients, a long-established supplier of specialty ingredients in fragrance, flavors, and personal care industries.WHO: Founded over four decades ago and headquartered in West Caldwell, New Jersey, Penta operates a 113,000-square-foot facility and offers a diverse product portfolio. Carefully curated over the years, the company's offerings serve a loyal, global customer base of ingredient manufacturers and distributors across various industries.Keystone was founded in 1994 with the objective of investing the personal capital of its partners in high-quality, market-leading businesses, patiently building long-term value alongside management through organic growth and strategic acquisitions. Keystone currently manages over $1 billion in capital across two funds. IN THEIR OWN WORDS: "Penta has distinguished itself with an exceptional product portfolio and deep customer relationships built over decades. We are excited to support Mike and the Penta team as they leverage the company's strengths to expand strategically and continue its growth trajectory," said Chaoran Jin, Managing Director at Keystone Capital.DETAILS:Keystone Capital has acquired a stake in Penta Fine Ingredients.As a part of this transition, Mike Size will assume the role of Chief Executive Officer of Penta. Penta will be actively seeking acquisition opportunities in the ingredients and specialty chemical distribution and manufacturing space.