River Associates Acquires Hoskin Scientific

January 12, 2022

River Associates Investments, a Chattanooga-based lower-middle market private equity firm, acquired Hoskin Scientific Limited, a Burnaby, British Columbia–based value-added distributor of test, measurement and monitoring equipment. The transaction closed on December 30, 2021, and was funded with equity from River VII with debt financing provided by Bank of Montreal and PNC Mezzanine Capital.

Buyers
River Associates Investments, LP
Targets
Hoskin Scientific Limited
Location
British Columbia, Canada
Transaction Type
Buyout

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