London, UK 10/19/17; London, UK 10/19/17—Limerston Capital Partners has acquired UK-based Crawford Scientific from Maven VCT for an undisclosed amount. Crawford Scientific supplies chromatography products, as well as analytical services through its Hall Analytical Laboratories subsidiary. “I am delighted we have been able to acquire Crawford Scientific, which provides an excellent platform to enter the attractive chromatography testing and analytical services niche,” commented Joao Rosa, founding partner of Limerston Capital. Maven reported a 4.7x return on its initial investment in a little over three years. During this period, Crawford Scientific’s sales and staff doubled, and profitability tripled. Crawford’s existing senior management team remains in place.

Founded in 1995, Crawford Scientific serves as distributor of GC, LC and SPE products. The company’s annual sales total over £10 million ($13 million at £0.78 = $1), according to Maven VCT’s website. Customers include pharmaceutical companies. This is Limerston’s first investment in the lab product market.