STOCK TITAN

Advent International reports 0% NCS stake

(Neutral)
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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

NCS Multistage Holdings, Inc. (NCSM) received an amended Schedule 13G indicating that investment entities affiliated with Advent International no longer beneficially own its common stock. Advent International, L.P., Advent International GP, LLC, and Advent-NCS Acquisition Limited Partnership each report 0 shares beneficially owned and 0.00% of the outstanding common stock.

The Advent entities also report no sole or shared voting power and no sole or shared dispositive power over NCS Multistage’s common stock. The amendment confirms that the group now has ownership of 5 percent or less of the class, effectively exiting its reportable beneficial ownership position.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 0 shares Reported by each Advent reporting person for NCS Multistage common stock
Percent of class 0.00% Reported ownership percentage of NCS Multistage common stock
Sole voting power 0.00 Shares over which Advent reporting persons have sole voting power
Shared voting power 0.00 Shares over which Advent reporting persons have shared voting power
Sole dispositive power 0.00 Shares over which Advent reporting persons have sole dispositive power
Shared dispositive power 0.00 Shares over which Advent reporting persons have shared dispositive power
beneficially owned financial
"Amount beneficially owned: See response to row 9 on each cover page"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Shared Dispositive Power financial
"8 | Shared Dispositive Power 0.00 9 0.00"
Ownership of 5 percent or less of a class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
Schedule 13G regulatory
"Ownership of 5 Percent or Less of a Class. | Ownership of 5 percent or less"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What does this Schedule 13G/A filing mean for NCSM?

It shows that Advent International, L.P. and related entities report 0 shares of NCS Multistage Holdings, Inc. common stock beneficially owned and 0.00% of the class, indicating they no longer have a reportable ownership stake under the 5% threshold.

How much of NCS Multistage (NCSM) does Advent International now own?

Advent International, L.P., Advent International GP, LLC, and Advent-NCS Acquisition Limited Partnership each report beneficial ownership of 0 shares and 0.00% of NCS Multistage’s common stock, with no sole or shared voting or dispositive power.

What is the significance of "Ownership of 5 percent or less" for NCSM?

The filing states "Ownership of 5 percent or less of a class," meaning the Advent-related reporting persons’ holdings have fallen below the 5% threshold that requires Schedule 13D/13G reporting as significant beneficial owners.

Who are the reporting persons in this NCSM Schedule 13G/A?

The reporting persons are Advent International, L.P., Advent International GP, LLC, and Advent-NCS Acquisition Limited Partnership, which jointly filed the statement regarding prior holdings of NCS Multistage’s common stock.

Do Advent entities still have voting or dispositive power over NCSM shares?

No. Each Advent-related reporting person reports 0.00 sole voting power, 0.00 shared voting power, 0.00 sole dispositive power, and 0.00 shared dispositive power with respect to NCS Multistage’s common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





628877201

(CUSIP Number)
09/01/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



ADVENT INTERNATIONAL, L.P.
Signature:/s/ Neil Crawford
Name/Title:Neil Crawford / Senior Director, Fund Administration of Advent International GP, LLC, its General Partner
Date:09/01/2026
Advent International GP, LLC
Signature:/s/ Neil Crawford
Name/Title:Neil Crawford / Senior Director, Fund Administration
Date:09/01/2026
Advent-NCS Acquisition Limited Partnership
Signature:/s/ Neil Crawford
Name/Title:Neil Crawford / Senior Director, Fund Administration of Advent-NCS GP LLC, its General Partner
Date:09/01/2026
Exhibit Information

99.1 Joint Filing Agreement, dated September 1, 2026