Align Capital Partners Acquires Barrow-Agee Laboratories
Align Capital Partners (“ACP”) has completed the acquisition of Barrow-Agee Laboratories, LLC (“Barrow-Agee” or the “Company”), a niche market leader in the food safety and testing industry. EdgePoint served as the exclusive financial advisor to Barrow-Agee. Terms of the transaction were not disclosed.
Barrow-Agee (www.balabs.com) is a trusted provider of microbiological and analytical chemistry testing services in support of food safety and the analysis of foods, ingredients, nutraceuticals, feeds, animal fats and vegetable oils. The Company’s Memphis, Tennessee lab provides consistent, reliable and affordable testing services for blue-chip customers who rely on the Company’s expertise to meet quality and regulatory requirements and satisfy growing demand for greater food transparency.
Headquartered in Cleveland and Dallas, ACP is a $325 million, growth-oriented private equity firm that partners with business owners and management teams to create shared success.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.