Exclusive financial advisor to Labstat International ULC

KPMG Corporate Finance LLC acted as the exclusive financial advisor to Labstat International ULC on its sale to Warburg Pincus

KPMG Corporate Finance LLC (“KPMG CF”) acted as the exclusive financial advisor to Labstat International ULC (“Labstat” or the “Company”), a leading third-party testing company dedicated to regulatory and non-regulatory testing, on its sale to Warburg Pincus, a leading global private equity firm. Established in 1976, Labstat is the largest, independent testing laboratory in the world for nicotine products and offers the most comprehensive scope of testing services in analytical chemistry, toxicology and method development.

“Labstat has established itself as an industry leader and provides mission-critical testing services to its clients for regulatory driven testing,” said Stephanie Geveda, Managing Director, Warburg Pincus. “The company represents a strong fit with our broader investment thesis in testing services given Labstat’s specialized technical expertise, market leadership, and the highly regulated nature of the end markets it serves.” Warburg Pincus has been an active investor in testing, compliance and safety.

“Labstat continues to expand its capacity and infrastructure in response to the changing global regulatory environment. As a company, we searched for a partner that could help us realize the full potential of the Labstat approach to testing. We believe that we have found the perfect partner in Warburg Pincus and look forward to working with the firm to our mutual benefit,” said Dr. Bill Rickert, Executive Chairman of Labstat.

Global coverage. Industry knowledge. Middle-Market focus

The global Corporate Finance practices of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Thomson Reuters SDC, and Mergermarket based on number of completed transactions, for 2017.

KPMG Corporate Finance LLC

KPMG Corporate Finance LLC was recently named Transaction Advisory Firm of the Year by The Global M&A Network, and previously named Investment Bank of the Year by The M&A Advisor. KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.

Chrisanne Corbett

Managing Director, KPMG Corporate Finance LLC

+1 312-665-2779

Email Me

Corporate finance services, including Financing, Debt Advisory, and Valuation Services, are not performed by all KPMG member firms and are not offered by member firms in certain jurisdictions due to legal or regulatory constraints. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.

The information contained in this communication may not be representative of the experience of other clients and does not constitute a recommendation, offer, or solicitation to buy, sell or hold any security of any issuer. Past performance does not guarantee future results.

© 2019 KPMG Corporate Finance LLC, a Delaware limited liability company. Member FINRA and SIPC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.. The KPMG name and logo are registered trademarks or trademarks of KPMG International.