Anacacia Capital Completes Lomb Scientific Exit to Thermo Fisher Scientific

Australian mid-market LBO shop Anacacia Capital exited Lomb Scientific, selling it to Thermo Fisher Scientific Inc. for an undisclosed sum. A source familiar with the transaction said the PE firm bagged an 80% IRR on its investment following a three-year hold. For Thermo Fisher, the transaction represents a continued trend throughout 2010 of buying private backers’ assets. In May, it bought Fermentas International from investors including Summit Partners and in March the company completed a deal to buy Ahura Scientific, which raised funds from investors including ARCH Venture Partners and Fuse Capital.

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