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
- Industry
- Industrial Services
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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