L Squared Capital Partners in Newport Beach said today it has acquired Globe Scientific, a New Jersey-based provider of laboratory products. Financial terms were not released.
Globe Scientific is L Squared’s third acquisition as part of GSI Group Holdings. GSI Group is a collection of brands serving the biotech, clinical diagnostics, life sciences, education, and industrial sectors.
With more than $100 million in revenue, GSI Group’s brands collectively offer a broad array of mission-critical lab-related consumable supplies, benchtop equipment, and related accessories, L Squared said in a statement today.
“We are committed to supporting GSI Group’s growth both organically as well as via acquisitions of additional leading brands in the marketplace,” said L Squared Partner Randall Hunt in announcing the acquisition.
