McColl Partners, LLC acted as financial advisor to Ridge Capital Partners, LLC, Merit Capital Partners, and Aegon Investment Management in their sale of SP Industries, Inc. ("SP Industries") to Riverlake Partners, LLC ("Riverlake"). The acquisition provides Riverlake an opportunity to enhance its investment portfolio with a diversified company in a rapidly growing worldwide sector.
About SP Industries, Inc.
SP Industries is a leading designer, manufacturer, and marketer of laboratory research and process equipment, glassware and precision glass components, and manufacturing equipment. SP Industries' established brands, which include VirTisTM, Wilmad/LabGlassTM, HotpackTM, and HullTM, are marketed to laboratory and production facilities within pharmaceutical, biotech, industrial, academic, and government organizations around the world.
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.
