News Releases

McColl Partners Closes Healthcare Transaction

McColl Partners, LLC acted as financial advisor to BURLE INDUSTRIES, INC. ("BURLE"), a leading manufacturer of electronic and other components for the medical, scientific, and industrial sectors, in its sale to Photonis Holding SAS ("Photonis"). BURLE is headquartered in Lancaster, Pennsylvania, and has additional plants in Massachusetts and Mexico. Photonis is headquartered in Brive, France, and is majority owned by AXA Private Equity. After the acquisition, Photonis will be the second-largest worldwide manufacturer in the field of photodetection with such products as photomultiplier tubes, image intensifier tubes, and micro channel plates with annual revenue over €130 million.

About BURLE INDUSTRIES, INC.

BURLE is a global manufacturer and supplier of specialized electron tubes and electro optic products. As a leading supplier of components to the medical imaging and diagnostic industry, BURLE's customers include Siemens, GE Medical, and Beckman Coulter. In addition, BURLE manufactures key components used in research equipment, including mass spectrometers. Customers include Applied Biosystems, Waters, and Bruker BioSciences. BURLE also manufactures components used in the defense, industrial, and broadcast industries. BURLE was created in 1987 when management acquired the operation from GE.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Healthcare Group, please contact Dave Vorhoff at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.