Fierce Biotech December 4, 2023
After going through a company split earlier this year, PerkinElmer has found a new dance partner—a match orchestrated by its corporate owner, the private equity firm New Mountain Capital.
New Mountain had acquired the science, food safety and lab supply businesses from the company formerly known as PerkinElmer, along with its nearly century-old brand name, through a $2.45 billion deal this past March.
What remained of the previous company—namely its diagnostics, medtech and biopharma R&D divisions—officially took on a new shade of yellow two months later and currently lives under the title Revvity.
Now New Mountain is looking to collate their investments. PerkinElmer has acquired another company in which the firm holds a majority stake: Covaris, the maker...
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