.
MergerLinks Header Logo

New Deal


Announced

Ampersand-backed Nexelis to acquire AIT Bioscience.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

United States

Acquisition

Private Equity

Friendly

Medical Services

laboratory testing

Majority

Private

Single Bidder

Synopsis

Edit

Ampersand Capital Partners-backed Nexelis, a specialty provider offering high-quality preclinical and clinical immunology laboratory services, agreed to acquire AIT Bioscience, a provider of advanced assay development and laboratory testing services in the infectious, oncologic, and metabolic diseases fields. Financial terms were not disclosed. "This is our fourth acquisition since 2018 and we are excited for AIT Bioscience to join the Nexelis growth story. AIT Bioscience has a scientifically strong team and operates within a geography that we see as an attractive location for future growth. AIT Bioscience's advanced testing capacity will help Nexelis further bolster its service offering in the bioanalytical segment and maintain competitive lead and turnaround times," Benoit Bouche, Nexelis President and Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US