Inverness Graham has acquired a new platform in the life sciences manufacturing and distribution market with the acquisition of Electron Microscopy Sciences (EMS).
EMS manufactures and distributes lab consumable products and equipment – including chemicals, supplies, and accessories – used in electron and light microscopy, histology, general research, and ancillary lab research markets. Microscopy is the technical field of using microscopes to view objects that cannot be seen with the naked eye and histology relates specifically to the microscopic analysis of biological tissues.
Chemicals for microscopy include buffers, fixatives, stains, resins, embedding media, and immunogold labeling reagents. Other products provided by EMS include cutting, grinding, and polishing equipment for material preparation; dimplers, electro-polishers, and micro cleaves for electron microscopy film preparation; and vortex mixers, cryo preparation accessories, and diamond knives for histology applications.
EMS, led by President Stacie Kirsch, a well-known specialist in the field of specimen preparation for both biology and materials microscopy, was founded in 1969 and is headquartered 30 miles northwest of Philadelphia in Hatfield, Pennsylvania.
“I’m thrilled to partner with Inverness Graham to build on the tremendous growth EMS has achieved,” said Ms. Kirsch. “We look forward to continuing to provide exceptional service to both existing and new customers by leveraging the additional operating and financial resources Inverness has to offer.”
The buy of EMS is the result of a proactive, targeted search launched by Inverness Graham to locate a platform in the life sciences manufacturing and distribution market.
“We’re excited to be partnering with Stacie and the team at EMS to continue to solidify their position as a thought leader and go-to provider of microscopy, histology and sample prep reagents and consumables used in research lab settings,” said Paul Nolen, a managing principal of Inverness Graham. “We believe we are well-positioned to partner with management to aggressively invest in new product offerings and capabilities, strengthen operations and infrastructure, and pursue complementary add-on acquisitions to help us expand into high-growth adjacent markets with new, targeted products.”
Inverness Graham invests in tech-enabled manufacturing, service and software companies. The firm was founded by senior executives of the Graham Group, a family-owned multi-national industrial and investment company with interests in plastics, packaging, recycling, building products and outsourced manufacturing. Inverness Graham is based near Philadelphia in Newtown Square, Pennsylvania.
Inverness Graham and EMS are actively seeking add-on acquisitions of companies that operate in the laboratory consumables and chemicals sectors.
© 2021 Private Equity Professional | January 14, 2021