New Mountain Capital to Acquire PerkinElmer's Applied, Food and Enterprise Services Businesses

PerkinElmer Acquires Covaris

December 8, 2023

Medical Devices

PerkinElmer has acquired Covaris, a Woburn, Massachusetts-based developer of instruments, consumables, and reagents for high-throughput genomic and proteomic sample preparation. Both companies are majority owned by New Mountain Capital; the acquisition expands PerkinElmer's life-sciences portfolio and accelerates its entry into the diagnostics and NGS sample-preparation market. Terms were not disclosed.

New Mountain Capital Acquires Aceto Chemicals Business

April 16, 2019

Manufacturing

New Mountain Capital, through an affiliate, agreed to acquire the chemicals business of ACETO Corporation (Aceto), a Port Washington, New York-based supplier and distributor of pharmaceutical ingredients and specialty chemicals. The acquisition is intended to provide Aceto with financial and strategic resources to scale capabilities, pursue organic and inorganic growth, and strengthen its position in life sciences and specialty materials markets.

PerkinElmer Acquires Nexcelom Bioscience for $260M

May 13, 2021

Medical Devices

PerkinElmer, Inc. agreed to acquire Nexcelom Bioscience for $260 million in cash, a deal announced in 2021 and completed in June 2021. Nexcelom, a Lawrence, Massachusetts–based maker of automated cell counters, image cytometry systems, consumables and reagents (~130 employees, projected 2021 revenue ~$40M), was owned by its founders and Ampersand Capital Partners.

CBRE Group Acquires Pearce Services from New Mountain Capital

November 4, 2025

Engineering Services

CBRE Group, Inc. agreed to acquire Pearce Services, LLC from New Mountain Capital for approximately $1.2 billion in cash plus an earn-out of up to $115 million. The acquisition expands CBRE's digital and power infrastructure capabilities by adding Pearce's design engineering, maintenance and repair services for critical power, cooling, renewable energy and telecom infrastructure; Pearce has more than 4,000 employees and is projected to generate over $660 million of revenue in 2026.

New Mountain Capital Acquires Profile Products

November 15, 2021

Agriculture

New Mountain Capital has closed its acquisition of Profile Products, a Buffalo Grove, Illinois-based developer and manufacturer of engineered horticulture growing media, erosion control products and soil amendments. The deal follows Incline Equity Partners' partnership with Profile since 2018 and positions New Mountain to fund product innovation, capacity expansion and strategic add-on acquisitions to accelerate growth.

New Mountain Capital & Endicott Capital Acquire 3E from Verisk

March 14, 2022

Data & Analytics

New Mountain Capital, together with Endicott Capital, has closed the acquisition of 3E from Verisk, with New Mountain serving as the control investor. 3E is an environmental health & safety (EHS) data and software provider serving roughly 5,000 customers worldwide; the buyers plan to invest in product innovation, market expansion, and strategic M&A to accelerate growth.