M&A Deal Summary

Vector Laboratories Acquires Absolute Biotech

On June 11, 2024, Vector Laboratories acquired life science company Absolute Biotech from Thompson Street Capital Partners

Acquisition Highlights
  • This is Vector Laboratories’ 1st transaction in the Life Science sector.
  • This is Vector Laboratories’ 4th transaction in the United States.
  • This is Vector Laboratories’ 1st transaction in Washington.

M&A Deal Summary

Date 2024-06-11
Target Absolute Biotech
Sector Life Science
Buyer(s) Vector Laboratories
Sellers(s) Thompson Street Capital Partners
Deal Type Merger

Target

Absolute Biotech

Seattle, Washington, United States
Absolute Biotech is a developer and distributor of antibodies and related reagents primarily to the academic and pharmaceutical research markets via its e-commerce platform. Absolute Biotech was founded in 1995 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Vector Laboratories

Newark, California, United States

Category Company
Founded 1976
Sector Life Science
DESCRIPTION

Vector Laboratories is a provider of life science products, including labeling and detection reagents, that help medical and scientific researchers visualize cells in experiments that are central to the understanding of cancer and other diseases. Vector Laboratories was founded in 1976 and is based in Newark, California.


DEAL STATS #
Overall 4 of 4
Sector: Life Science M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-17 Quanta BioDesign

Plain City, Ohio, United States

Quanta BioDesign develops new cross-linking and labeling chemistries that incorporate the dPEG® technology; allowing for new approaches in the area of therapeutic and diagnostic development. Quanta BioDesign was founded in 1999 and is based in Plain City, Ohio.

Buy -

Seller(S) 1

SELLER

Thompson Street Capital Partners

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Thompson Street Capital Partners is a private equity firm that targets control stakes in profitable, mid-sized North American companies with $5 to $50 million of EBITDA. Thompson Street looks for family businesses, private companies seeking liquidity, corporate divestitures, and public companies going private. Areas of interest include healthcare services, business services, electronics, information technology, and engineered products companies. Thompson Street will not consider investments in start-ups, early stage companies, or real estate. Thompson Street Capital was founded in 2000 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 47 of 52
Sector: Life Science M&A 3 of 3
Type: Merger M&A Deals 2 of 2
State: Washington M&A 3 of 3
Country: United States M&A 47 of 52
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 DDC Solutions

San Diego, California, United States

DDC Solutions is a designer and manufacturer of innovative data center cabinets and cooling solutions. The company provides superior, cost-effective cooling options for the high-density GPU clusters that are required to run artificial intelligence (AI) and other compute-intensive applications. Its products combine the efficiency of water cooling with the flexibility of traditional air cooling. DDC Solutions is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-17 National Arbitration and Mediation

New York, New York, United States

National Arbitration and Mediation is an alternative dispute resolution (ADR) services provider, administering mediations and arbitrations for law firms, insurance carriers, and corporations across the United States. National Arbitration and Mediation was established in 1992 and is based in New York, New York.

Buy -