Leonard Green & Partners Acquires Majority Stake in Pace from Aurora Capital Partners
January 11, 2022
Leonard Green & Partners (LGP) acquired a majority stake in Pace, a North American provider of analytical and life sciences testing and outsourced scientific solutions, from Aurora Capital Partners; Aurora has reinvested alongside LGP. Founded in 1978, Pace operates a nationwide network of over 65 analytical testing laboratories, 8 life sciences labs, and more than 45 service centers; financial terms were not disclosed.
- Buyers
- Leonard Green & Partners, Aurora Capital Partners
- Targets
- Pace
- Sellers
- Aurora Capital Partners
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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