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New Deal


Announced

Completed

Element Materials Technology completed the acquisition of Avomeen from High Street Capital.

Financials

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

Tags

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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

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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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