Pace - M&A Summary, Ownership, and Business Overview

Test/measurement EquipmentCompany

Pace M&A Summary

Pace has acquired 9 companies of its own, including 6 in the last 5 years. It has also divested 1 asset.

Pace has acquired in 8 different US states. The Company’s most targeted sectors include life science (78%) and business services (12%).

Pace Ownership

Who owns Pace?

Pace is owned by Leonard Green & Partners. It was acquired on January 11, 2022.

Is Pace PE-backed?

Yes. Pace is owned by private equity investor Leonard Green & Partners.

Was Pace formerly PE-backed?

Yes. Pace was formerly owned by 1 private investor.

Pace Business Overview

Where is Pace headquartered?

Pace is headquartered in Minneapolis, Minnesota.

What sector is Pace in?

Pace is a test/measurement equipment company.

When was Pace founded?

Pace was founded in 1978.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity9
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Pace

Pace Analytical Services LLC

1800 Elm Street SE,
Minneapolis, Minnesota 55414
United States,
(612) 607-6400
www.pacelabs.com

Pace is a provider of analytical testing and related outsourced scientific solutions to the life sciences industry. Pace's Analytical Services division provides full-service testing, sampling, and analytical support services to detect trace-level organic and inorganic contaminants in air, water, wastewater, soil, biota, and waste. Pace's Life Sciences division provides a wide variety of testing services for the biopharmaceutical, pharmaceutical, medical device, and drug-device industries as well as early-stage drug development and manufacturing services with a broad range of pre-clinical and clinical capabilities for both small and large molecules. Pace was formed in 1978 and is based in Minneapolis, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 4 3 1 - 1 - 9
Sell (0.2/yr) # - - - - - 1 1
  10

Most Recent M&A

Company Date Value Type
Whitehouse Analytical Laboratories 2024-03-14 - Divestiture
Lebanon, New Jersey · www.whitehouselabs.com
Alpha Analytical, Inc. 2023-03-07 - Add-on Acquisition
Westborough, Massachusetts · www.alphalab.com
Drug Delivery Experts LLC 2021-07-23 - Add-on Acquisition
San Diego, California · www.drugdeliveryexperts.com
Bio-Concept Laboratories, Inc. 2020-12-08 - Add-on Acquisition
Salem, New Hampshire · www.bioconcept.com
Emerson Resources, Inc. 2020-08-25 - Add-on Acquisition
Norristown, Pennsylvania · www.emersonresources.com
Aerobiology Laboratory Associates, Inc. 2020-06-04 - Add-on Acquisition
Dulles, Virginia · www.aerobiology.net
Shealy Environmental Services, Inc. 2019-12-04 - Add-on Acquisition
West Columbia, South Carolina · www.shealylab.com
Wolfe Laboratories, Inc. 2017-12-19 - Add-on Acquisition
Watertown, Massachusetts · www.wolfelabs.com
ESC Lab Sciences 2017-07-05 - Add-on Acquisition
Mt Juliet, Tennessee · www.esclabsciences.com
Laucks Testing Laboratories, Inc. 2008-02-19 - Add-on Acquisition
Seattle, Washington
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Life Science 7 (78%) - 1 (100%) -
Business Services 1 (11%) - - -
Environmental 1 (11%) - - -
Total 9 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 9 - 1 -
  Massachusetts 2 - - -
  Washington 1 - - -
  Virginia 1 - - -
  Tennessee 1 - - -
  South Carolina 1 - - -
  Pennsylvania 1 - - -
  New Hampshire 1 - - -
  California 1 - - -
  New Jersey - - 1 -
Total 9 - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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