Announced

Completed

NMS Capital-backed Surplus Solutions completed the acquisition of FAMECO Group.

Synopsis

NMS Capital-backed Surplus Solutions, a provider of equipment lifecycle management services, completed the acquisition of FAMECO Group, a company in the sale and refurbishment of analytical laboratory and medical equipment. Financial terms were not disclosed. “Representing our first acquisition since partnering with NMS in 2022, FAMECO marks the beginning of an exciting new chapter for Surplus Solutions. We are excited to partner with the FAMECO team, gain an established foothold in fast-growing and highly fragmented international markets, and lay the groundwork for the rollout of refurbishment and technical services within the US. FAMECO’s established procedures and protocols with respect to refurbishment represent a synergistic and compelling opportunity when coupled with Surplus’ existing sourcing and sales activity,” Joe Reale, Surplus Solutions CEO.

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