Packaging Compliance Labs Expands Testing with Quest Engineering Solutions Acquisition
Deal News | May 13, 2025 | SV Health Investors, LLC
Packaging Compliance Labs (PCL) has announced the acquisition of Quest Engineering Solutions, a move that significantly broadens PCL's reach and capabilities in sterile packaging solutions for the medical device and life sciences markets. This strategic acquisition sees PCL expanding its footprint to the East Coast, bringing new product testing and a diverse range of test methods into its repertoire. By integrating the strengths of Quest, PCL enhances its position as a comprehensive service provider in packaging and product testing solutions. Matt Lapham, CEO of PCL, emphasized the potential for enhanced services and outcomes for clients, aligning with PCL's mission for innovation and compliance. Herman Held, President of Quest, highlighted joined resources as a boon for continuous outstanding service. As a result of the acquisition, PCL announced immediate hiring for Lab Technician roles at the new Billerica location. Backed by SV Health Investors, a healthcare-centric private equity firm, PCL remains committed to its growth trajectory within the industry, underscoring high-quality testing solutions for medical device and life sciences sectors.
Sectors
- Healthcare and Life Sciences
- Private Equity
Geography
- United States – The acquisition involves companies operating within Michigan and Massachusetts, marking a strategic geographical expansion for Packaging Compliance Labs within the United States.
- United Kingdom – SV Health Investors, while a U.S.-based firm, has offices in London, indicating its cross-Atlantic investment presence and influence.
Industry
- Healthcare and Life Sciences – This industry classification is relevant as both Packaging Compliance Labs and Quest Engineering Solutions operate within the medical device and life sciences markets, focusing on packaging and product testing solutions.
- Private Equity – SV Health Investors is a private equity firm focused on investments in the healthcare sector, supporting Packaging Compliance Labs in its expansion and acquisition strategies.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Packaging Compliance Labs | Acquiring Company | Company | PCL is a leader in sterile packaging solutions for medical devices and life sciences, expanding its testing capabilities through this acquisition. |
Quest Engineering Solutions | Target Company | Company | An ISO 17025-accredited test lab, Quest specializes in mechanical testing services, contributing significant expertise to PCL's capabilities. |
SV Health Investors | Private Equity Firm | Company | A private equity firm focused on healthcare investments, backing PCL in its growth and acquisition efforts. |
Matt Lapham | CEO of PCL | Person | CEO of Packaging Compliance Labs, leading the company's strategic growth plan through acquisitions. |
Herman Held | President of Quest | Person | President of Quest Engineering Solutions, supporting the transition and integration with PCL. |