Falls River Group is pleased to announce the acquisition of Helmer Scientific Inc. by strategic investor Trane Technologies. FRG acted as the exclusive M&A Advisor to Helmer Scientific. The deal represents FRG’s continued emphasis and success in the cold technology and life sciences landscape. The specific terms of the transaction were not disclosed.
Helmer Scientific is an established, entrepreneurial, growth company that designs, integrates, manufactures, markets, and distributes specialized medical and laboratory equipment to clinical and life sciences customers in over 125 countries, as well as provides after-market service and support.
Strategic brands
Trane Technologies is a climate innovator. Through strategic brands Trane® and Thermo King®, and a portfolio of environmentally responsible products and services, Trane Technologies brings sustainable climate solutions to buildings, homes, and transportation.
Trane Technologies’ acquisition of Helmer Scientific supports Trane Technologies’ strategy to bring climate innovation and temperature-control solutions to more industries, including the fast-growing life sciences and clinical health markets.
Acquisition of Helmer Scientific
Helmer Scientific’s more than 425 associates have joined the Trane Technologies team
This acquisition broadens Trane Technologies’ capabilities in precision temperature control and its existing portfolio of life science solutions and expertise under the FARRAR™ brand. Trane Technologies will leverage its world-class operating system, and expertise in sustainability, services, global distribution and commercialization to accelerate Helmer’s continued global growth.
Helmer Scientific’s more than 425 associates have joined the Trane Technologies team and the business will continue its operations in Noblesville, Indiana.
Author's quote
"The FRG team were indispensable partners that earned our trust throughout the process,” said Bruce King, CEO, Helmer Scientific. “Their specific life sciences market experience helped us identify, target, and access suitors that we hadn't even considered."
He adds, "They helped us discern and prove out the full value of our business through an approach that effectively balanced analytical reasoning and the relational aspects of our story. They also took the lead and kept us steady and focused through complex negotiations. What stood out most, though, is FRG’s commitment to relationships and service all the way through and beyond closing.”