Harris Williams & Co. Advises Galson Laboratories on its Sale to SGS SA
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Galson Laboratories (Galson), a leader in industrial hygiene analysis and monitoring solutions and portfolio company of Bolder Capital, to SGS SA. The cross-border transaction was led by Harris Williams & Co. bankers John Arendale and Wayne Harrington of the Harris Williams & Co.’s Industrials Group, Dave Kennedy of the firm’s Business Services Group, and Patrick Hanraty of the firm’s Philadelphia office.
“Galson will be able to continue expanding while focusing on delivering the highest quality service, knowing that SGS SA’s goals strategically align.”
“Galson has done a phenomenal job establishing itself as an industry leader in the U.S. Now, SGS SA will provide the company with unmatched access to global resources and business opportunities, while expanding their own capabilities and services offerings,” said John Arendale, managing director in Harris Williams & Co.’s Industrial’s Group.
“With SGS SA’s reach and Galson’s expertise, both companies are truly gaining with this acquisition,” said Patrick Hanraty, managing director at Harris Williams & Co. “Galson will be able to continue expanding while focusing on delivering the highest quality service, knowing that SGS SA’s goals strategically align.”
Galson, founded in 1970 and headquartered in Syracuse, NY, is a leader in industrial hygiene analysis and monitoring solutions with facilities in SC, CA, TX, WI, HI, MS and Ontario. The company also provides analytical laboratory testing services to occupational health and safety and environmental industries.
Bolder Capital was founded in 2004 and offers capital resources in excess of $1.0 billion. The team has more than 50 years of combined experience and focuses on microcap companies with a unique market position and dedicated management team.
SGS SA is the world’s leading inspection, verification and certification company. Established in 1878 and headquartered in Geneva, Switzerland, the company has more than 80,000 employees and 1,650 offices and laboratories worldwide.
Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Harris Williams & Co.’s Industrials Group has experience across a variety of sectors, including test and measurement; advanced manufacturing; automotive and heavy duty truck; capital goods; chemicals; industrial and environmental services; flow control; metals; natural resources and mining; paper, plastics and packaging; and power connectivity and control. For more information on the firm’s Industrials Group and other recent transactions, visit the Industrials Group’s section of the Harris Williams & Co. website.
Harris Williams & Co.’s Business Services Group has experience across a variety of sectors, including business process outsourcing; legal and insurance services; marketing and information services; professional services; payment processing and financial services; education and training; facilities services; route-based services; and environmental services. For more information on the firm’s Business Services Group and other recent transactions, visit the Business Services Group’s section of the Harris Williams & Co. website.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorised and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.
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