M&A Deal Summary

LGC Group Acquires Biosearch Technologies

On April 15, 2015, LGC Group acquired life science company Biosearch Technologies

Acquisition Highlights
  • This is LGC Group’s 1st transaction in the Life Science sector.
  • This is LGC Group’s 1st transaction in the United States.
  • This is LGC Group’s 1st transaction in California.

M&A Deal Summary

Date 2015-04-15
Target Biosearch Technologies
Sector Life Science
Buyer(s) LGC Group
Deal Type Add-on Acquisition

Target

Biosearch Technologies

Petaluma, California, United States
Biosearch Technologies, Inc. is a provider of genomics and life sciences industries for the design, development and manufacture of custom oligonucleotides (oligos) and associated reagents for the medical diagnostics, research and applied markets.

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Buyer(S) 1

Buyer

LGC Group

Teddington, United Kingdom

Category Company
Founded 1842
Sector Test/Measurement Equipment
Employees3,200
Revenue 222M GBP (2015)
DESCRIPTION

LGC Group is an international life science measurement and testing company. LGC provides a range of measurement products and services that underpin the safety, health, and security of the public, including reference materials and proficiency testing, genomics reagents and instrumentation, and expert sample analysis and interpretation. LGC Group was founded in 1842 and is based in Teddington, United Kingdom.


DEAL STATS #
Overall 2 of 9
Sector: Life Science M&A 1 of 5
Type: Add-on Acquisition M&A Deals 2 of 7
State: California M&A 1 of 2
Country: United States M&A 1 of 5
Year: 2015 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-01 Forensic Alliance

Abingdon, United Kingdom

Forensic Alliance provides forensic science services to UK Police forces, and is one of only two companies providing a full- scale service. The business was established in 1997 and has rapidly enhanced its reputation for high quality forensic investigations.

Buy £20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-20 Thistle QA

Johannesburg, South Africa

Thistle QA is a provider of a comprehensive range of over 35 proficiency testing (PT) schemes to over 6,000 participants, mainly in the clinical sector. Thistle’s schemes covers clinical chemistry in blood, serum and urine for a range of important tests e.g. cardiac markers, serology, haematology, therapeutic drugs monitoring (TDM), clinical microbiology, food microbiology and forensic analysis.

Buy -