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New Deal


Announced

Completed

CBRE Group completed the acquisition of Full Spectrum Group from Pfingsten Partners for $110m.

Financials

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Transaction Value£96m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

United States

Completed

Friendly

laboratory services

Majority

Domestic

Private

Single Bidder

Health Care Services

technical support

Synopsis

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CBRE Group, a commercial real estate service and investment firm, completed the acquisition of Full Spectrum Group, a provider of expert technical support services for high-end laboratory systems, from Pfingsten Partners, a private equity firm, for $110m. “We look forward to the combined expertise and opportunities that joining CBRE will bring to our respective clients and talented teams. The strength of CBRE’s global platform for integrated laboratory solutions and their commitment to technical excellence means our clients can continue to expect the highest level of advanced technical support, unmatched response times and personal service delivered by our highly-trained team, allowing their lab managers to deliver reliable scientific results on time," Bob McLeese, Full Spectrum President and CEO.

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