Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Levine Leichtman Capital Partners Acquires Technical Safety Services.

Document Cited in Related
Vincent

MANews-(C)2009-2022

Los Angeles-based private equity firm Levine Leichtman Capital Partners has acquired US-based testing, inspection, certification, and calibration services provider Technical Safety Services from The Edgewater Funds and JZ Partners, the firm said.

Financial terms of the transaction were not disclosed.

Founded in 1970, TSS is a provider of testing, inspection, certification, and calibration services to customers in the pharmaceutical, biotechnology, healthcare and other life sciences end markets.

Headquartered in La Jolla, California, TSS provides on-site technical services mandated to occur at regular intervals to ensure all clients remain in compliance with regulatory standards.

TSS's services are performed across the lifecycle of a customer facility and ensure the compliant operation of controlled environments such as clean rooms, bio-safety cabinets, medical gas systems, high-purity water systems, laboratory equipment and more.

CEO Brent Hart will continue to lead TSS under LLCP's ownership. Hart has been a part of the TSS team for nearly 20 years and has led the company's strategic expansion including the completion of over 20 add-on acquisitions since 2018, and substantial expansion of client relationships and geographic presence.

TSS is the ninth platform investment of Levine Leichtman Capital Partners Fund VI, L.P.

Across its funds, LLCP has invested extensively in the services, testing, safety, and healthcare sectors, including investments in companies such as Trinity Consultants, FlexXray, Encore Fire Protection, In-Place Machining...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT