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SP Industries, Inc. has Been Acquired by Harbour Group

Thursday, December 10, 2015

SP Industries, Inc. has Been Acquired by Harbour Group

William Blair acted as the lead financial advisor to SP Industries, Inc., a portfolio company of Graham Partners, in connection with its acquisition by Harbour Group. The transaction closed on December 8, 2015.

Transaction Highlights

  • Execution excellence: The transaction team was integrally involved in each step of the transaction process, including identifying key growth opportunities, developing compelling marketing materials, and conducting multiple financial analyses to highlight the strengths of the business.
  • Trusted guidance: William Blair successfully positioned SP Industries to solicit interest from a wide range of financial and strategic partners worldwide and collaborated closely with management to produce a strong competitive dynamic that was present throughout the sale process.
  • Managing complexity: William Blair’s transaction team skillfully advised SP Industries through a highly complex transaction and challenging negotiations of key deal terms, leading to a successful outcome.

About the Companies

SP Industries is a leading global designer and manufacturer of scientific equipment and precision labware for the large and growing life sciences market. SP’s comprehensive product portfolio spans all stages of drug discovery, development, and production; serving laboratories and biopharmaceutical companies around the world.

Harbour Group is a private equity firm specializing in buyouts, turnarounds, and acquisitions of mature, later-stage, and middle-market companies. It seeks to invest in companies operating in product-oriented businesses and is dedicated to long-term operational improvement in its portfolio companies.