Broad Sky Partners has acquired pure-play services provider, Thomas Scientific. This is the firm’s first investment, after a strategic investment from Capital Constellation.
Thomas Scientific offers critical supplies to the healthcare, biotech, clinical diagnostics and life sciences industries. Lynn Calpeter, a Broad Sky operating partner will chair the board as part of the governance structure.
Charles Simmons, president & CEO of Thomas Scientific, said, “We’re grateful to Carlyle for their support since 2017 and excited to partner with Broad Sky for the next phase of our expansion. We’ve known the partners at Broad Sky for several years, given their investment and operating roles during their time at Carlyle. They have the right mix of skills and resources to help us grow and continue to advance our mission to be the most trusted partner in science for our customers, suppliers and associates.”
Partner at Broad Sky Adam Glucksman added, “We’ve identified several powerful, long-term drivers of growth in life sciences and clinical diagnostics, and believe Thomas Scientific has a platform that is uniquely positioned for significant expansion through organic growth as well as strategic acquisitions. We’re thrilled to partner with their talented management team and look forward to helping the company scale.”
Berenson & Co. served as financial advisor and Morrison Cohen LLP served as legal advisor to Broad Sky.