UNITED KINGDOM / AGILITYPR.NEWS / October 02, 2020 / Arch Sciences Group Limited (formerly Crawford Scientific), a Limerston Capital Partners I L.P. portfolio company announces the acquisition of Apex Scientific, a leader in the provision of chromatography, sample preparation, liquid handling and related services in Ireland.
Based in Maynooth, County Kildare, Apex Scientific provides high quality products, application services, after sales service, customer support and training to the pharmaceutical, biotechnology and healthcare industries, as well as academic laboratories in Ireland.
João Rosa and Martim Avillez, Founding Partners at Limerston Capital, said “The acquisition of Apex Scientific is another step in the development of Arch Sciences’ strategy to become a global extractables & leachables testing leader with added value laboratory solutions and services. The addition of Apex Scientific allows the group to expand its laboratories solutions business outside the UK and gain access to the EU market. We will continue to support the group and its strategy to grow both organically and through further acquisitions”.
Scott Fletcher, CEO of Arch Sciences said “The acquisition of Apex Scientific is the result of an ever-closer cooperation between Arch Sciences and the business over the last two years. Gaining direct access to Ireland will allow us to expand the geographic reach of our lab solutions business and will allow the Apex Scientific customers to access the full services of the broader Arch Sciences Group. I would like to welcome Andy Pepper and the Apex Scientific team to the group and look forward to working with them to provide the best products and services to its strong customer base. The group is in a fantastic position to deliver further growth in our attractive market niche”.
Andy Pepper, CEO of Apex Scientific said “It has been a pleasure to work and develop a relationship with Arch Sciences over the last two years. The acquisition enables us to harness the benefits of being part of the larger Arch Sciences Group, whilst retaining our identity, agility and commitment to deliver excellent products and services to our customers. We will continue to work with Scott Fletcher and Limerston Capital to further grow our business”.
Arch Sciences Group was advised by Grant Thornton Ireland Corporate Finance and Pinsent Masons LLP.
About Us
Limerston Capital
Founded in 2015 by James Paget, João Rosa and Martim Avillez, London based Limerston Capital pursues control investments in UK lower mid-market companies and seeks to create value through the firm’s operationally focused model. The firm targets businesses with EBITDA of between £5 million and £15 million, that have a solid value proposition, but have potential for operational improvements or provide opportunities for strategic repositioning and consolidation.
Contacts
Martim Avillez
Limerston Capital Founding Partner
martim.avillez@limerstoncap.comPhone: +44 203 897 1860
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