M&A Deal Summary

TSS Acquires Controlled Environment Management

On September 21, 2023, TSS acquired test/measurement equipment company Controlled Environment Management

Acquisition Highlights
  • This is TSS’s 4th transaction in the Test/Measurement Equipment sector.
  • This is TSS’s 16th transaction in the United States.
  • This is TSS’s 1st transaction in Arizona.

M&A Deal Summary

Date 2023-09-21
Target Controlled Environment Management
Sector Test/Measurement Equipment
Buyer(s) TSS
Deal Type Add-on Acquisition

Target

Controlled Environment Management

Gilbert, Arizona, United States
Controlled Environment Management (CEM) is a provider of controlled environment testing, validation, certification, and calibration services required in high-performance, regulated pharmaceutical, biotechnology, and healthcare settings. Controlled Environment Management was formed in 2005 and is based in Gilbert, Arizona.

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Buyer(S) 1

Buyer

TSS

Berkeley, California, United States

Category Company
Founded 1970
Sector Test/Measurement Equipment
DESCRIPTION

TSS provides unparalleled service to biotechnology, pharmaceutical, clinical, and academic research facilities as the largest provider of controlled environment equipment services in North America. TSS was founded in 1970 and is based in Berkeley, California.


DEAL STATS #
Overall 16 of 16
Sector (Test/Measurement Equipment) 4 of 4
Type (Add-on Acquisition) 16 of 16
State (Arizona) 1 of 1
Country (United States) 16 of 16
Year (2023) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-12 Precision

Morrisville, North Carolina, United States

Precision is a provider of controlled environment testing and certification services required in high-performance, regulated pharmaceutical and healthcare settings. Precision is based in Morrisville, North Carolina.

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