SOURCE: Cascadia Capital

Cascadia Capital

November 02, 2011 07:00 ET

Cascadia Capital Advises Columbia Analytical Services in Acquisition by Australia's ALS Laboratory Group

Cross Border Acquisition Represents Continued Consolidation in the Environmental Labs Industry

SEATTLE, WA--(Marketwire - Nov 2, 2011) - Cascadia Capital, a diversified, boutique investment bank serving both private and public growth companies around the globe, today announced it advised Columbia Analytical Services, Inc., an environmental laboratory network headquartered in Kelso, Washington, in its recent acquisition by ALS Laboratory Group, a subsidiary of Campbell Brothers Limited, a world leading commercial services company, based in Australia.

"This cross-border acquisition marks the continued consolidation and globalization of the $15.5 billion environmental labs industry," said Michael Butler chairman and CEO of Cascadia Capital. "Columbia Analytical Services has long been recognized for its focus on customer satisfaction, technical excellence and superior quality systems. The purchase of Columbia Analytical Services will bring an unprecedented level of domain expertise to the ALS Laboratory Group, which is rapidly expanding its footprint in testing and technical services."

Columbia Analytical Services, Inc., an employee-owned company founded in 1986, provides a wide variety of analytical laboratory services to engineering consulting firms and industrial clients in the aerospace, automotive, engineering, government, mining, petrochemical, pharmaceutical, pulp and paper, transportation, utilities, and waste management industries. The company currently has six laboratory locations across the United States.

ALS Laboratory Group's acquisition of Columbia Analytical Services will further ALS's position as the international leader in testing and technical services. ALS currently serves the environmental, minerals, coal, oil, gas, food, industrial and metallurgical markets with additional technical services provided in the areas of pharmaceutical, microbiology, occupational health, electronics, and air quality.

Cascadia Capital has a longstanding track record for success in the sustainable sector and has been a key player in the industry's most significant transactions, including the recent private equity financing of FRX Polymers, the $143 million growth equity financing of Plasco Energy Group, Prometheus Energy's funding from Shell Technology Ventures, among many others. Cascadia has worked with institutional investors, growth-stage companies and project developers to facilitate strategic buy-side and sell-side M&A and drive strategic investments.

About Cascadia Capital, LLC
Cascadia Capital is a diversified, boutique investment bank serving both private and public growth companies around the globe. Cascadia's business is diversified in terms of the industries the firm covers -- Information Technology, Sustainable Industries and Middle Market -- and in terms of the range of advisory services it provides -- Mergers and Acquisitions, Corporate Financing and Strategic Advising. This diversification provides the firm with stability amidst market fluctuations. Cascadia is a pure advisory firm, and unlike other investment banks, is not conflicted by trading, lending, research or cross-selling business. For over a decade, the firm has delivered the best outcomes for clients based on its transaction experience, domain expertise and commitment to building long-term relationships. Cascadia always acts in the long-term interests of clients, and honors its position as a trusted advisor. For more information, visit http://www.cascadiacapital.com.

Contact Information

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