Lafayette Instrument Acquires Alzet Osmotic Pumps from DURECT
November 25, 2024
Lafayette Instrument, a Branford Castle Partners portfolio company, has acquired the ALZET Osmotic Pumps business from DURECT Corporation as an add-on to expand Lafayette’s life-science instrumentation offering. The acquisition strengthens Lafayette’s preclinical dosing product line and represents the fourth bolt-on for the company since Branford Castle’s 2021 investment; the deal includes senior and mezzanine debt financing.
- Targets
- ALZET Osmotic Pumps (business unit of DURECT Corporation)
- Sellers
- DURECT Corporation
- Platforms
- Lafayette Instrument
- Industry
- Medical Devices
- Location
- California, United States
- Transaction Type
- Addon
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