Levine Leichtman Capital Partners Portfolio Company Expands with Acquisition of Controlled Environment Management

Technical Safety Services (TSS), a leading provider of testing and certification services in the life sciences industry, has announced its acquisition of Controlled Environment Management (CEM). This strategic move will further strengthen TSS's position as a trusted partner for customers in the pharmaceutical, biotechnology, and healthcare sectors.

Based in Gilbert, Arizona, CEM specializes in controlled environment testing, validation, certification, and calibration services. With a focus on high-performance, regulated settings, such as pharmaceutical facilities and biotechnology laboratories, CEM ensures compliance with industry standards.

TSS offers a wide range of testing, inspection, certification, and calibration (TICC) services to customers in the life sciences field. These services are essential for maintaining regulatory compliance and ensuring the safe operation of controlled environments, including clean rooms, bio-safety cabinets, and medical gas systems.

Marc Boreham, President and CEO of TSS, expressed his enthusiasm about the acquisition, stating, "We are delighted to welcome CEM to the TSS platform. The CEM team brings significant expertise and dedication to high-quality service, which will further enhance TSS’s support for our valued clients across key strategic capabilities and geographies."

With this acquisition, TSS expands its geographic presence in the Southwest region. Matthew Rich, Partner at Levine Leichtman Capital Partners, commented, "We are pleased to demonstrate our continued support for the TSS team in this acquisition, which further expands the Company’s geographic presence within the Southwest. We look forward to the continued execution of TSS’s growth and value creation plan through additional strategic M&A and associated growth initiatives."

The acquisition of CEM marks the seventh acquisition for TSS since being acquired by Levine Leichtman Capital Partners in 2022. This strategic expansion aligns with TSS's growth and value creation plan, aimed at providing comprehensive TICC services to an increasing number of customers.

Levine Leichtman Capital Partners (LLCP) is a middle-market private equity firm with a track record of successful investments across various sectors. LLCP's investment strategy combines debt and equity capital to offer growth opportunities to portfolio companies. With offices in Los Angeles, New York, Chicago, and other major cities worldwide, LLCP manages over $9.3 billion in assets.

As TSS continues to expand its capabilities and reach, the acquisition of CEM positions the company as a comprehensive provider of testing, certification, and calibration services in the life sciences industry. By leveraging CEM's expertise and LLCP's support, TSS is well-positioned to further enhance its offerings and support its clients' needs.

About Levine Leichtman Capital Partners

Levine Leichtman Capital Partners (LLCP) is a middle-market private equity firm with decades of experience investing in various sectors. LLCP's structured private equity investment strategy combines debt and equity investments to provide tailored growth capital to portfolio companies. With a global team of dedicated professionals and a strong track record, LLCP has managed over $14.1 billion of institutional capital, investing in more than 100 companies.

By leveraging LLCP's expertise and resources, portfolio companies like TSS can drive growth, pursue strategic acquisitions, and create long-term value for their customers. With a focus on innovation and collaboration, LLCP continues to support its portfolio companies and contribute to their success.

In conclusion, the acquisition of Controlled Environment Management by Technical Safety Services marks an important milestone in TSS's growth strategy. By expanding its geographic presence and strengthening its capabilities, TSS is poised to deliver exceptional testing, certification, and calibration services to customers in the life sciences industry. With the support of Levine Leichtman Capital Partners, TSS is well-positioned for continued success and value creation in the years to come.