North Haven Capital, a private investment group based in Portland, ME, has purchased New England-based Chamberlain Group, in partnership with BankProv, a commercial bank that provides adaptive and technology-first banking services to emerging markets and BDC Capital. Upstream Capital assisted in originating the transaction.
The Chamberlain Group manufactures anatomical medical models for surgical and interventional training, research, device development, and sales and marketing. NHC aims to drive The Chamberlain Group’s expansion of its product offerings, target end markets, and international footprint with this acquisition.
“Lisa and Eric have built an extremely high-quality firm that takes great pride in its corporate culture and reputation with its client base,” says Sam Sezak, partner at North Haven Capital. “We’re excited to work with the employees of TCG to expand their presence geographically and into new products and service offerings.”