M&A Deal Summary

Heritage Global Partners Acquires American Laboratory Trading

On August 23, 2021, Heritage Global Partners acquired test/measurement equipment company American Laboratory Trading

Acquisition Highlights
  • This is Heritage Global Partners’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Heritage Global Partners’ 1st transaction in the United States.
  • This is Heritage Global Partners’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2021-08-23
Target American Laboratory Trading
Sector Test/Measurement Equipment
Buyer(s) Heritage Global Partners
Deal Type Add-on Acquisition

Target

American Laboratory Trading

East Lyme, Connecticut, United States
American Laboratory Trading is the largest supplier of premium used lab equipment in North America with more than 12,000 instruments in stock, ranging from benchtop accessories to robust triple quad mass spectrometers. American Laboratory Trading was established in 1999 and is based in East Lyme, Connecticut.

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Buyer(S) 1

Buyer

Heritage Global Partners

San Diego, California, United States

Category Company
Founded 1937
Sector Business Services
DESCRIPTION

Heritage Global Partners, Inc. is a privately held company operates as an auction and asset advisory company.


DEAL STATS #
Overall 1 of 1
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1