Announced
Completed
Synopsis
Element Materials Technology, one of the world’s largest providers of materials and product qualification testing, inspection and certification services, completed the acquisition of Analytical Lab Group, a microbiology and viral lab, from Thompson Street Capital Partners, a private equity firm based in St. Louis. Financial terms were not disclosed. "Led by our talented team, ALG has become a lab of scale with the right combination of breadth of services and agility to meet clients’ needs. TSCP has been extremely supportive of organic and inorganic investments, including a recent expansion of one of our labs to conduct SARS CoV2 antimicrobial testing. ALG has become a ‘go-to’ lab amongst our customers during TSCP’s ownership period and will continue providing these same, great services," Alan Roth, ALG CEO.
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