Benchmark International is pleased to announce the acquisition of Scientific Support Services (SSS) by Los Angeles-headquartered Calibre Scientific.
SSS is a long-established distributor of high-quality laboratory instrumentation including chromatography systems, hydrogen & air generators, gas mixers & diluters, XRF analysers, optical instruments, and consumables. Specialising in complete turnkey solutions, the company offers equipment supply, installation, breakdown repair, and annual servicing.
Calibre Scientific is a diversified global provider of life science reagents, tools, instruments, and other consumables to lab research, diagnostics, industrial, and biopharmaceutical communities. The company owns a portfolio of life science and diagnostic companies and has a global reach that extends to over 175 countries.
With this acquisition, Calibre Scientific expands its product offering and enhances its market share in the UK by adding a variety of new customer relationships in key end markets.
Ben Travis, Chief Executive Officer of Calibre Scientific, said: "The combination of SSS’s comprehensive range of analytical instrumentation together with its high-calibre support services capabilities makes it an excellent fit for us.
“This acquisition reinforces our dedication to advancing our laboratory capabilities and underscores our vision to being a comprehensive provider of instruments, consumables and services to our customers worldwide.”
Bernise Gosden and Keith Gosden, directors of SSS, added: “We are excited for SSS to join Calibre Scientific as it embarks on this new chapter of growth. We have full confidence that Calibre Scientific will further enhance the exceptional quality standards SSS has consistently maintained for our valued customers and trusted suppliers.”
This is the second transaction Calibre Scientific has conducted via Benchmark International, following the acquisition of Elkay Laboratory Products.
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $10 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.