Suburban Laboratories, Inc sold to Mission Driven Capital Partners

Stevenson completes sale of Suburban Laboratories, Inc.

Result:     Business Sold to Private Equity Group

Industry: Environmental Laboratory Testing Services – Water, Soil and Products

Suburban Laboratories, Inc., headquartered in Geneva, IL, has been sold to Mission Driven Capital Partners. Stevenson & Company was retained as the exclusive sales advisor to Suburban Labs.

Founded in 1936, Suburban Labs is a leading provider of environmental laboratory testing services for water, soil and various products. The Company serves the industrial, municipal and commercial markets throughout the Midwest region. It provides over 150 unique environmental and product testing services to entities seeking to be compliant with environmental or public health regulations.

Mission Driven Capital Partners is a US based Private Equity Group that invests growth capital in companies providing products and services that help businesses reach their corporate sustainability goals. Mission Driven Capital Partners is located in New York, NY.

Stevenson & Company identified, evaluated and marketed the Company to both strategic and financial buyers. An aggressive outreach program brought a number of attractive buyers to the table. From start to finish, Stevenson & Company closed the transaction within seven months.

Jarrett Thomas, Owner and President of Suburban Labs commented, “We are delighted to have completed the sale of Suburban Labs to Mission Driven Capital Partners in these challenging times. They will be an ideal partner for growing the business into new markets and providing a great home and new career opportunities for Suburban Labs employees. Stevenson & Company did an excellent job of marketing the Company. I personally recommend the Stevenson & Company team to any business owner who is looking for an advisor who will quite simply get the job done.”