M&A Deal Summary

TSS Acquires Cornerstone Commissioning

On January 19, 2023, TSS acquired engineering company Cornerstone Commissioning

Acquisition Highlights
  • This is TSS’s 1st transaction in the Engineering sector.
  • This is TSS’s 14th transaction in the United States.
  • This is TSS’s 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2023-01-19
Target Cornerstone Commissioning
Sector Engineering
Buyer(s) TSS
Deal Type Add-on Acquisition

Target

Cornerstone Commissioning

Winchester, Massachusetts, United States
website
Cornerstone Commissioning provides an independent sanity-check to design teams and building owners, helping ensure that facilities function in “real life” the way they were designed to on paper. Cornerstone Commissioning was founded in 2001 and is based in Winchester, Massachusetts.

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Buyer(S) 1

Buyer

TSS

Berkeley, California, United States

website

Category Company
Founded 1970
Sector Test/Measurement Equipment
DESCRIPTION

TSS provides unparalleled service to biotechnology, pharmaceutical, clinical, and academic research facilities as the largest provider of controlled environment equipment services in North America. TSS was founded in 1970 and is based in Berkeley, California.

DEAL STATS #
Overall 14 of 16
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 14 of 16
State (Massachusetts) 2 of 2
Country (United States) 14 of 16
Year (2023) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-19 Northeast Medical

Hubbard, Ohio, United States

Northeast Medical is a provider of medical gas testing and consulting services, based in Hubbard, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-12 Precision

Morrisville, North Carolina, United States

Precision is a provider of controlled environment testing and certification services required in high-performance, regulated pharmaceutical and healthcare settings. Precision is based in Morrisville, North Carolina.

Buy -
Mergr

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