M&A Deal Summary

Avantik Acquires Perkins Biomedical Services

On December 19, 2023, Avantik acquired medical products company Perkins Biomedical Services from Copley Equity Partners

Acquisition Highlights
  • This is Avantik’s 1st transaction in the Medical Products sector.
  • This is Avantik’s 1st transaction in the United States.
  • This is Avantik’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2023-12-19
Target Perkins Biomedical Services
Sector Medical Products
Buyer(s) Avantik
Sellers(s) Copley Equity Partners
Deal Type Add-on Acquisition

Target

Perkins Biomedical Services

Bow, New Hampshire, United States
Perkins Biomedical Services offers a full line of service on all types of Histology, Pathology, and general lab equipment in the Northeast. Perkins is OEM agnostic and generates the majority of its revenue from recurring preventative maintenance contracts with clinical laboratories. Perkins Biomedical Services is based in Bow, New Hampshire.

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Buyer(S) 1

Buyer

Avantik

Pine Brook, New Jersey, United States

Category Company
Founded 1971
Sector Medical Products
DESCRIPTION

Avantik is an integrated medical products and services company, delivering quality equipment, consumables and service to anatomic pathology, Mohs and on-site pathology laboratories nationwide. Avantik was founded in 1971 and is based in Pine Brook, New Jersey.


DEAL STATS #
Overall 1 of 2
Sector: Medical Products M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
State: New Hampshire M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2023 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-04 Service Specialists of America

New Boston, Michigan, United States

Service Specialists of America specialize in servicing laboratory instruments for the healthcare and industrial sectors. Service Specialists of America was founded in 1981 and is based in New Boston, Michigan.

Buy -

Seller(S) 1

DESCRIPTION

Copley Equity Partners is a private investment firm that invests in established small and lower middle-market businesses with significant growth prospects. The Firm is sector agnostic and generally looks to provide capital for shareholder liquidity, acquisition, and growth needs. Copley Equity looks to invest $5 to $75 million in equity capital in profitable businesses generating up to $25 million of cash flow. Copley Equity Partners was established in 2012 and is headquartered in Quincy, Massachusetts.


DEAL STATS #
Overall 4 of 7
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 6
State: New Hampshire M&A 1 of 1
Country: United States M&A 4 of 7
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 Upper Crust

Columbia, Missouri, United States

Upper Crust is a contract food service management company serving Sorority and Fraternity houses on college campuses, as well as summer camps, across the United States. Upper Crust was formed in 2010 and is based in Columbia, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 OBR Cooling Towers

Northwood, Ohio, United States

OBR Cooling Towers provides cooling tower services to various blue-chip clients throughout the United States across various industrial and commercial end markets. OBR Cooling Towers was founded in 1994 and is based in Northwood, Ohio.

Buy -