King Tester Acquires Cianflone Scientific Group from Main Line Equity Partners

Alliance Technical Group Acquires Chemtech Consulting and Air Testing Operations from Civil & Environmental Consultants

December 27, 2023

Environmental Services

Alliance Technical Group acquired Chemtech Consulting Group, Inc. (Mountainside, New Jersey) and the air testing operations of Civil & Environmental Consultants, Inc. (locations in St. Louis, Charlotte and Knoxville) to expand its laboratory and air emissions testing capabilities and geographic footprint. The air testing carve‑out was a divestiture by CEC (advised by AEC Advisors); Alliance said the deals broaden its service coverage across key U.S. markets.

CERTANIA Acquires Triskelion

February 28, 2024

Healthcare Services

Triskelion, an accredited analytical laboratory headquartered in Utrecht, has joined CERTANIA Holding GmbH, a growing Testing, Inspection & Certification (TIC) group. The move — supported by GREENPEAK Partners — positions Triskelion to expand its analytical and consulting services across food safety, chemical and early-clinical biopharma markets while benefitting from CERTANIA's platform resources.

Keystone Capital Forms Gillson Sciences via Acquisition of Azzur Labs and Micro Measurement Laboratories

August 6, 2025

Healthcare Services

Keystone Capital Management has formed Gillson Sciences, a laboratory testing, monitoring and advisory platform focused on pharmaceuticals, biopharma, medical devices, healthcare and environmental sciences, by acquiring Azzur Labs (now Gillson Testing) and Micro Measurement Laboratories. Jason Fischer has been named CEO to lead the build-up strategy; terms were not disclosed.

Pion Inc Acquires Two Square Science

December 11, 2022

Medical Devices

Pion Inc., a provider of analytical instruments for drug development and backed by SFW Capital, has acquired Two Square Science, a Fall River, Massachusetts company that designs sample preparation and lab monitoring equipment. The acquisition adds Two Square's PrepEngine and LabEye technologies to Pion's product portfolio to expand in vitro sample preparation and remote monitoring capabilities and accelerate customers' drug development workflows.

Industrial Physics (Union Park) Acquires C&W Specialist Equipment Ltd.

February 1, 2019

Manufacturing

Industrial Physics, Inc. (a portfolio company of Union Park Capital) acquired C&W Specialist Equipment Ltd., a UK-based developer and manufacturer of corrosion and environmental test chambers. C&W will be integrated into TQC Sheen B.V. to expand TQC Sheen’s paint, coatings and surface-analysis product portfolio and to leverage Industrial Physics’ global sales and service network.

Kingswood Capital Management Acquires Covenant Testing Technologies

October 24, 2023

Oil & Gas

Kingswood Capital Management, LP acquired Covenant Testing Technologies, a Houston-headquartered provider of flowback, production and sand management, and pressure control equipment rentals and associated services. Kingswood partnered with industry veterans James Stewart (to serve as CEO and Chairman) and Doug Scott (board member) to support expansion of Covenant's service offering and customer base across major U.S. shale basins.