Sale of Laboratory and Analytical Consumables and Equipment Distributor in Ireland
Hornblower Business are delighted to have completed the sale of the Carl Stuart Group, headquartered in, Tallaght, Dublin consisting of Carl Stuart Ireland and Carl Stuart UK to Calibre Scientific based in Los Angeles, California.
Calibre Scientific represents a portfolio of niche life science companies with a global reach over 175 countries.
Carl Stuart Group founded in 1984, also trading as Lab Unlimited are a premier distributor of products focussed on instrumentation, equipment, consumables, and the provision of services across chromatography, environmental, lab research and life science verticals.
Julian Caplin, Hornblower Business Sales and Acquisitions consultant in Ireland led the transaction and assisted the shareholders in every step of the process to completion.
Hornblower are a team of experienced business brokers and M & A consultants acting in the SME space offering one point of contact to guide a company through a sale process and optimise deal value with a high success rate.
Hornblower was retained to negotiate on behalf of the vendors of Carl Stuart Group which also trades as Labs Unlimited with a buyer who had already approached them. Whilst we would normally recommend clients to approach the wider market for buyers, it was clear from the outset that Calibre Scientific would make a good fit for the company as a strategic buyer. Working with Hornblower enabled the vendors to progress discussions with the buyers confident in the experience that we brought in both agreeing deal structures which work well for all sides and leading the transaction bringing multiple stakeholders to an agreeable consensus.
Through many evenings spent on calls with the management and legal teams at Calibre Scientific, Julian Caplin with his wealth of international M&A experience brought the deal to a successful conclusion, enabling a clean exit for the vendors’ retirement and for the business to flourish with the new opportunities brought by a successful global company.