Alpha Analytical

Canaccord Genuity Acts as Exclusive Financial Advisor to Alpha Analytical on its Acquisition by Pace® Analytical Services, a Portfolio Company of Leonard Green & Partners and Aurora Capital Partners 

Canaccord Genuity is pleased to announce that it has advised Alpha Analytical, a leading full-service environmental laboratory services company, on its acquisition by Pace® Analytical Services, a preferred provider of regulatory testing and analytical laboratory services.

Alpha Analytical has developed a reputation as a preeminent provider of environmental testing, monitoring and consulting services. Since 1987, the Company has provided full-service environmental laboratory solutions for the most demanding industrial and commercial applications in the U.S. and abroad. Alpha Analytical is the sixth largest environmental laboratory in the country, and is the largest environmental laboratory in the Northeast. The Company’s core services include air, water and soil analysis, with particular expertise in the highly-specialized fields of sediment and tissue analysis, petroleum forensics, and testing for emerging contaminants such as PFAS.

Pace® Analytical Services is a leader in regulatory testing and analytical laboratory services to businesses, industries, consulting firms, government agencies and more nationwide. Pace® is a portfolio company of Leonard Green & Partners and Los Angeles based Aurora Capital Partners.

Through the acquisition of Alpha Analytical, Pace® further bolsters its Northeast footprint to over forty locations with the addition of two full-service laboratories and nine client service centers. “Harmful contaminants are all around us, in our air, water, soil, and more. With Alpha Analytical choosing to join the Pace® nationwide laboratory network, we are able to further expand and bring critical services closer to the businesses and communities we serve in the Northeast United States,” notes Pace® CEO Eric Roman.

Like Pace®, Alpha Analytical has been providing environmental and analytical laboratory testing services for decades. “We have had a friendly relationship with Pace® for over ten years,” said Mark Woelfel, President of Alpha Analytical. “Because of our mutual respect, shared values, and focus on sustainability, Pace® was the only company we considered for this transaction.”

Canaccord Genuity, with a team led by Dan Coyne, Marc Marano, Chris DiPietro, Dan Grimes, and Ryan Cahill, served as exclusive financial advisor to Alpha Analytical.