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Announced

Completed

LLR Partners completed the investment in Genesee Scientific.

Financials

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

Tags

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Medical Supplies

Minority

United States

life science products

Acquisition

Completed

Private Equity

Domestic

Private

Friendly

Single Bidder

Synopsis

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LLR Partners, a lower middle-market private equity firm, completed the investment in Genesee Scientific, a manufacturer and distributor of products to global life science markets. Audax supported the acquisition of Genesee Scientific. Financial terms were not disclosed. “I am thrilled for this opportunity to work with LLR given their partnership-focused culture, industry expertise and experience helping businesses like ours continue to grow. We care deeply about our customers and employees. As Genesee enters our next phase of growth, we will continue to invest in our team, systems and products to better serve our customers," Ken Fry, Genesee Scientific Founder.

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