Thermo Fisher Scientific Acquires Solventum's Purification & Filtration Business

Thermo Fisher Scientific Acquires PPD, Inc.

December 8, 2021

Healthcare Services

Thermo Fisher Scientific completed the acquisition of PPD, Inc. for $17.4 billion in cash, plus the assumption of approximately $3.0–$3.5 billion of net debt. The deal brings PPD's global clinical research and laboratory services into Thermo Fisher's Laboratory Products and Services segment, expanding Thermo Fisher's capabilities in clinical development and expected to generate approximately $125 million of synergies by year three.

Micronics (Vance Street-backed) Acquires SOLAFT Filtration Solutions

January 4, 2024

Manufacturing

Vance Street Capital’s portfolio company Micronics Engineered Filtration Group has acquired Solaft Filtration Solutions, a vertically integrated global industrial filtration solutions provider with manufacturing and R&D operations across Australia, Brazil, China and India. The deal expands Micronics’ engineered filtration product portfolio and geographic footprint, enhancing its ability to serve demanding end markets such as mining, power generation and water/wastewater treatment.

Thermo Fisher Scientific Acquires Olink Holding AB

July 10, 2024

Biotechnology

Thermo Fisher Scientific completed the acquisition of Olink Holding AB (publ) via a public cash tender offer at USD 26.00 per share/ADS, buying the proteomics company from shareholders including Summa Equity. The acquisition strengthens Thermo Fisher’s proteomics and protein-analysis capabilities, adding Olink’s high‑multiplex protein detection technology to its life‑science tools portfolio.

Sartorius Acquires WaterSep BioSeparations

December 9, 2020

Medical Devices

German life‑science group Sartorius, via its subgroup Sartorius Stedim Biotech, has acquired U.S.-based purification specialist WaterSep BioSeparations LLC. The deal, valued at approximately $27 million plus an earn‑out of up to $9 million, adds hollow‑fiber crossflow filtration and single‑use bioprocessing devices aimed at gene and cell therapy, vaccine production and intensified bioprocessing to Sartorius' separation portfolio.

Atmus Filtration Technologies Acquires Koch Filter Corporation from Air Distribution Technologies for $450M

January 8, 2026

Manufacturing

Atmus Filtration Technologies completed the acquisition of Koch Filter Corporation from Air Distribution Technologies (a Truelink Capital portfolio company) for approximately $450 million in cash. The deal establishes Atmus' new Industrial Solutions segment, brings Koch Filter's commercial and industrial HVAC, data center and power generation filtration capabilities into Atmus, and is expected to be accretive to adjusted EPS and EBITDA margin in 2026.

Technical Safety Services Acquires Micro Filtrations, Inc.

September 30, 2021

Healthcare Services

Technical Safety Services, LLC (TSS) has acquired Micro Filtrations, Inc. (MFI), a Sanford, Florida-based cleanroom testing and certification firm that serves pharmaceutical, biotechnology and medical customers. The acquisition gives TSS an established Florida presence as it expands its TSS Family of Companies footprint along the U.S. east coast and broadens its testing, certification and contamination-control capabilities.