Announced

Completed

Levine Leichtman Capital completed the acquisition of Technical Safety Services from The Edgewater Funds and JZ Partners.

Synopsis

Levine Leichtman Capital, a private equity firm, completed the acquisition of Technical Safety Services, a biotechnology firm serving biopharma, medical device, academic research and food production sectors, from The Edgewater Funds and JZ Partners, two private equity firms. Financial terms were not disclosed. “We are delighted to partner with TSS, one of the leading providers of TICC services within the highly attractive healthcare and life sciences end markets. Our team was impressed with TSS’s ability to provide services that adhere to the highest regulatory standards and to deliver premier customer service for its clients. We are excited to work with the management team to build on TSS’s impressive recent growth through additional strategic M&A and broadening of the Company’s services across new geographies, both domestically and internationally,” Matthew Rich, LLCP Partner.

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