Persistence Capital sells EnvironeX to Eurofins Scientific
Canadian healthcare private equity firm Persistence Capital Partners (PCP) has sold EnvironeX Group Inc, a Québec City-based laboratory testing company. Terms weren't disclosed. The buyer was Eurofins Scientific SE, a bioanalytical testing services provider headquartered in Luxembourg. Founded in 2005 by CEO Marc Hamilton, EnvironeX provides testing services for customers in the environment, agrifood and health and pharmaceuticals sectors in Québec. PCP initially invested in 2015. Two years ago, Eurofins raised a $289 million investment from Caisse de dépôt et placement du Québec. The EnvironeX deal follows PCP's sale of Medisys Health Group Inc in August.
31 October 2018•2 mins read
