Corporate Carve-out of Leading Manufacturer and Distributor of Laboratory and Life Sciences Products
Founded in 1955, Cole-Parmer offers a portfolio of industry-leading proprietary brands and private-label products in niche applications to fulfill important needs in the laboratory market. The business has deep technical expertise across a range of specialty products in the field of fluid handling, test & measurement, electrochemistry and other laboratory products. Cole-Parmer sells its broad portfolio of products to a diverse, global customer base.
The investment is a result of GTCR’s proactive efforts with
“We are delighted to partner with
“I am excited to partner with GTCR on this opportunity,” stated Mr. Brust. “Cole-Parmer represents a compelling platform that is well-known within the scientific research and life sciences communities. I look forward to working with the existing Cole-Parmer management team to grow the Business through product development and acquisitions to extend its leadership position.”
GTCR’s investment in Cole-Parmer was funded from GTCR Fund XI, a private equity fund raised in 2014 with
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the
Cole-Parmer has been a leading global source of laboratory and industrial fluid handling products, instrumentation, equipment, and supplies since 1955. Cole-Parmer’s product lines, including popular brand names such as Masterflex®, Oakton®, Digi-Sense™, and more, are sold through company-owned customer channel outlets and a strong network of international dealers. The Business also features an ISO17025-accredited metrology lab for instrument calibration and repair. Cole-Parmer responds with excellence to customer needs, and offers application expertise and technical support.
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