Announced
Completed
Financials
Sources
Tags
analytical services
Medical Services
Completed
United States
Friendly
Majority
Private Equity
life science technology
Cross Border
Private
Acquisition
Single Bidder
testing inspection and certification
Synopsis
Element Materials Technology, a global provider of testing, inspection, certification and calibration services, completed the acquisition of Avomeen, a company offering product testing and development services, from High Street Capital, a provider of flexible capital and operating expertise to lower middle-market businesses. Financial terms were not disclosed. “We are thrilled to be joining the Element global family and combining our complementary capabilities to offer an even wider array of services and value to our clients. Element’s focus on scientific excellence and quality, coupled with its partnership with clients and employees, aligns well with Avomeen’s values and what we will collectively continue to do as one company," Mark Harvill, Avomeen CEO.
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