M&A Deal Summary

Matrix Sciences Acquires Cherney Microbiological Services

On May 19, 2021, Matrix Sciences acquired life science company Cherney Microbiological Services

Acquisition Highlights
  • This is Matrix Sciences’ 1st transaction in the Life Science sector.
  • This is Matrix Sciences’ 6th transaction in the United States.
  • This is Matrix Sciences’ 1st transaction in Wisconsin.

M&A Deal Summary
Date 2021-05-19
Target Cherney Microbiological Services
Sector Life Science
Buyer(s) Matrix Sciences
Deal Type Add-on Acquisition

Target

Cherney Microbiological Services

Green Bay, Wisconsin, United States
Cherney Microbiological Services is a microbiology company. Cherney Microbiological Services' USP methods are used for testing products to ensure the quality standards are met for pharmaceutical development. Cherney Microbiological Services provides a diverse catalog of tests and knowledge available to clients. Cherney Microbiological Services is based in Green Bay, Wisconsin.

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Buyer(S) 1

Buyer

Matrix Sciences

Mount Prospect, Illinois, United States
Category Company
Founded 2017
Sector Business Services
DESCRIPTION

Matrix Sciences is a provider of consulting services to the food industry for the safe food market. Matrix Sciences was founded in 2017 and is based in Mount Prospect, Illinois.

DEAL STATS #
Overall 7 of 7
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 7 of 7
State (Wisconsin) 1 of 1
Country (United States) 6 of 6
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 AgroLab

Harrington, Delaware, United States

AgroLab is an operator of the agronomy lab in support of agronomists, farmers, turf specialists, manufacturers, and others. AgroLab is located in Delmarva and services customers within the Mid-Atlantic, East Coast, and beyond. AgroLab was founded in 2010 and is based in Harrington, Delaware.

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