Aterian Investment Partners Acquires Majority Interest in Allentown, LLC

Capital Partners Invests in Allentown, Inc.

October 22, 2019

Medical Devices

Capital Partners (through Capital Partners Private Equity Income Fund III, LP) completed a growth investment in Allentown, Inc. on October 22, 2019. John Coiro will remain CEO and Chairman as the investment is intended to support Allentown’s continued organic growth and acquisition-driven expansion of its lab animal housing and life‑science product offerings.

Allentown Acquires BetterBuilt (Northwestern Systems Corporation)

June 7, 2023

Manufacturing

Allentown, LLC — a portfolio company of Aterian Investment Partners — has acquired Northwestern Systems Corporation (BetterBuilt), a Delta, British Columbia–based manufacturer of vivarium washing equipment and automation solutions. The transaction is Allentown’s first strategic add-on since Aterian’s investment and expands Allentown’s product and service offering for the biomedical pre-clinical research and broader life sciences markets.

Aterian Investment Partners Announces Partnership With PJ Mechanical

September 9, 2019

HVAC & Mechanical

Aterian Investment Partners, a New York-based private investment firm, has entered into a strategic partnership with PJ Mechanical, a leading full-service mechanical contractor based in New York City. The investment will support PJ Mechanical's next phase of growth while preserving the company's family-led culture and continuing to serve large commercial, healthcare and infrastructure clients across the NYC market.

Aterian Investment Partners Acquires Outlook Group from Heartwood Partners

November 4, 2024

Packaging

Aterian Investment Partners (through an affiliate) has acquired Outlook Group, LLC, a Neenah, Wisconsin-based provider of pressure-sensitive labels and turnkey packaging solutions, from Heartwood Partners II, LP and affiliated entities. Outlook operates two Wisconsin locations with approximately 260 employees and serves food & beverage, consumer staples and healthcare customers; Aterian plans to support organic growth and M&A to expand the business.

Allentown, LLC Acquires ClorDiSys Solutions, Inc.

January 8, 2024

Medical Devices

Allentown, LLC, a portfolio company of Aterian Investment Partners, has acquired ClorDiSys Solutions, Inc., a Branchburg, New Jersey-based provider of chlorine dioxide-based sterilization equipment and contract sterilization services. The deal is an add-on acquisition to Allentown's platform that expands its decontamination, disinfection and medical device sterilization capabilities for life sciences, biomedical research and adjacent medical device markets.

Aterian Investment Partners' Continuation Vehicle Acquires Vander-Bend Manufacturing

October 30, 2023

Medical Devices

Aterian Investment Partners closed Aterian Opportunities II, LP, a ~$460 million single-asset continuation vehicle to purchase Vander-Bend Manufacturing from Aterian Investment Partners II (Fund II). The transaction provides approximately $90 million of incremental growth equity to Vander-Bend and is anchored by investors including J.P. Morgan Global Alternatives, Hollyport Capital and Blackstone Strategic Partners; Aterian management and certain Fund II LPs rolled meaningful equity.