Align Capital Partners has acquired Barrow-Agee Laboratories LLC, a Memphis-based food safety testing company.
This is Align Capital’s second acquisition of the quarter and the fourth platform company acquisition since its first fund closed in September 2016.
“Barrow-Agee represents a unique opportunity to invest in a well-established company within the rapidly growing food safety and testing industry, and support the company’s clear growth opportunities through both organic expansion and via add-on acquisitions,” Align Capital’s Managing Partner Chris Jones said in a statement.
Managing Partner Rob Langley, Operating Partner John Dupuy, Vice President Jack Parks and Associate Kurt Smentek worked alongside Jones on the transaction.
This past week, Align Capital bought up Indianapolis-based Lewellyn Technology, an electrical safety training and inspection service. Jones, Dupuy and Smentek worked that deal as well.
