Medical Technology Associates LLC has acquired Florida Pipette Calibration LLC, expanding its presence in the medical technology sector.

AcquirerMedical Technology Associates LLC (US)
TargetFlorida Pipette Calibration LLC (US)
Deal ValueUndisclosed
TypeAcquisition
Closed Date2023-10-05
Buy-side AdvisorsRiverarch, G2 Capital Advisors
Sell-side AdvisorsNot disclosed
Legal Buy-sideNot disclosed
Legal Sell-sideNot disclosed
The acquisition aims to bolster Medical Technology Associates' market position by integrating Florida Pipette Calibration's expertise in pipette calibration services. This move supports the acquirer’s strategy of enhancing its service offerings within the healthcare technology domain.

Florida Pipette Calibration, based in Florida, is a leading provider of pipette calibration services for laboratories and research institutions across the state. The company has built a reputation for precision and reliability in equipment calibration, aligning well with Medical Technology Associates' commitment to quality in medical instrumentation.

The transaction was advised by Riverarch and G2 Capital Advisors on the buy-side without disclosed sell-side or legal advisors. Key terms of the deal remain undisclosed as per the agreement between both parties.

Medical Technology Associates sees this acquisition as a strategic step towards broadening its service portfolio and strengthening its presence in specialized medical technology services, particularly within Florida's robust biotech industry.