Aevi Capital and Sage Capital Partners Acquire ATS Scientific Inc.

ATS Scientific Acquires Folio Instruments

November 8, 2022

Industrial Services

ATS Scientific Inc., backed by Sage Capital Partners, has acquired Folio Instruments Inc., a Kitchener-based distributor and service provider of laboratory and analytical instrumentation. The deal expands ATS's geographic footprint across Canada and strengthens its presence in petroleum, energy, environmental and heavy industrial end markets while Folio will continue operating from its Kitchener facility under its existing name.

CAI Capital Partners Invests in ATS Services Ltd.

September 1, 2021

Aerospace & Defense

CAI Capital Partners has closed an investment in ATS Services Ltd., a Canada-based provider of aviation communication services, meteorological observations, training, and equipment distribution. The transaction — CAI's fourth platform investment from its sixth fund — will support ATS' continued growth across its 65 Canadian sites and was debt-financed by The Bank of Nova Scotia.

ATS Corporation Acquires Avidity Science

September 22, 2023

Medical Devices

ATS Corporation has entered into a definitive agreement to acquire Avidity Science, a designer and manufacturer of automated water purification and delivery systems for biomedical and life science applications, for US$195 million. The acquisition strengthens ATS's life sciences capabilities and is expected to close in Q4 2023 subject to customary regulatory filings.

Odyssey Investment Partners Acquires Applied Technical Services

January 19, 2021

Industrial Services

Odyssey Investment Partners, through a fund it manages, has acquired Applied Technical Services (ATS), a Marietta, Georgia–based provider of testing, inspection, calibration and consulting engineering services. The deal was completed in partnership with ATS President Jim J. Hills and the existing management team, who will retain a significant ownership stake as Odyssey positions ATS as a platform for continued organic growth and strategic add-on acquisitions.

Applied Technical Services (Odyssey Portfolio) Acquires Process Instruments, Instrumentation Technical Services and Accu-Chek

May 3, 2023

Industrial Services

Odyssey Investment Partners portfolio company Applied Technical Services (ATS) completed three add-on acquisitions—Process Instruments LLC, Instrumentation Technical Services LLC, and Accu-Chek—to expand ATS' metrology, calibration and dimensional inspection capabilities across regulated end markets. The deals strengthen ATS' Testing, Inspection and Certification & Compliance (TICC) service lines and expand its footprint in life sciences, food, medical and aerospace markets as part of continued roll-up activity (22 acquisitions since Odyssey's investment).

Applied Technical Services Acquires Amphion Analytical Engineering

October 3, 2024

Engineering Services

Applied Technical Services (ATS) has purchased substantially all of the assets of Amphion Analytical Engineering, P.A., a Charlotte-based engineering and analytical services firm. The acquisition adds API certifications, additional licensed Professional Engineers and mechanical integrity capabilities to ATS, and expands ATS's presence in the tire manufacturing, chemical, and pharmaceutical end markets; the new team will be led by Mark Ellis.