GTCR and Golden Gate Capital to invest in Cole-Parmer Instrument Company.

GTCR and Golden Gate Capital agreed to invest in Cole-Parmer Instrument Company, a global manufacturer of peristaltic, temperature monitoring, and environmental precision equipment and related consumables. Financial terms were not disclosed. "We are grateful to Jim Rauh and the Golden Gate Capital team for their collaboration, and are very proud of the strategic and operational progress we have made. Together, we have been able to execute on numerous growth initiatives, including a deepened focus on product innovation, establishing us at the forefront of our industry. We are delighted to be renewing our successful partnership with GTCR and look forward to working with both firms, who share our vision and commitment to continuing Cole-Parmer's evolution into a diversified products company focused on the life sciences, healthcare and environmental end-markets," Bernd Brust, Cole-Parmer CEO.