Adaptas Solutions Acquires Applied Kilovolts and Analytical Instrumentation Business from L3Harris Technologies

IMI plc Acquires Adaptas Solutions from Ampersand Capital Partners for $271M

December 20, 2021

Manufacturing

IMI plc has agreed to acquire Adaptas Solutions from Ampersand Capital Partners for $271 million in cash. Adaptas, a Palmer, Massachusetts-based manufacturer of mass spectrometry subsystems, fluidic modules and lab automation components with ~340 employees and projected 2021 revenues of about $80–83 million, will join IMI Precision Engineering to deepen IMI's life sciences product offering and OEM relationships.

Adaptas Solutions Acquires Cadence Fluidics

December 7, 2020

Medical Devices

Adaptas Solutions, a portfolio company of Ampersand Capital Partners, has acquired Cadence Fluidics to broaden its product family of fluidic modules and custom valve solutions for life-science OEM instrument manufacturers. Cadence's manufacturing will be transitioned into Adaptas' 90,000 sq. ft. Palmer, Massachusetts campus; financial terms were not disclosed.

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).

Prairie Capital-backed AlpHa Measurement Solutions Acquires Van London Co.

February 2, 2020

Manufacturing

Prairie Capital VI supported the formation of AlpHa Measurement Solutions, a new holding company that has acquired Van London Co. The deal brings Van London together with Analytical Sensors & Instruments and Aurora Scientific Instruments to create a comprehensive liquid sensor technology platform serving water quality, pharmaceutical, laboratory and industrial markets.

Battery Ventures Acquires Skalar Analytical, PromoChrom and LCTech to Create Laboratory-Automation Platform

September 28, 2023

Manufacturing

Battery Ventures announced investments to create a new laboratory-automation platform built around Skalar Analytical (the foundation) and add-on companies PromoChrom Technologies and LCTech. The platform will serve environmental, agricultural and food & beverage testing markets by combining automated chemistry analyzers, SPE sample-preparation solutions, consumables and robotics to drive global growth and further M&A.

Adelis Equity Partners Acquires Majority Stake in IonOpticks

September 10, 2024

Biotechnology

Adelis Equity Partners has taken a majority, controlling stake in IonOpticks, a fast-growing developer and manufacturer of high-performance chromatography solutions for LC‑MS proteomics. The founders and management are co-investors; the investment will fund IonOpticks' global expansion, product development, and support future acquisitions as the company scales its commercial footprint.