Packaging Compliance Labs Expands with Acquisition of Quest Engineering Solutions

Deal News | May 13, 2025 | SV Health Investors, LLC

Packaging Compliance Labs (PCL), a leader in sterile packaging solutions for the medical device and life sciences sectors, has completed a strategic acquisition of Quest Engineering Solutions, an ISO 17025-accredited test laboratory. This acquisition allows PCL to expand its presence on the East Coast and enhance its testing capabilities by integrating Quest's expertise in mechanical and product testing. SV Health Investors, a private equity firm specializing in healthcare investments, backs PCL, supporting its efforts to broaden and innovate its service offerings. PCL is actively recruiting lab technicians at the newly acquired Billerica location, as it aims to bolster its innovative and compliant medical device packaging solutions.

Sectors

  • Medical Device Packaging
  • Healthcare & Life Sciences
  • Private Equity

Geography

  • United States – The article involves companies with operations in the U.S., with PCL headquartered in Michigan and Quest in Massachusetts.
  • United Kingdom – SV Health Investors has offices in London, alongside its Boston location, highlighting its international presence in the investment scene.

Industry

  • Medical Device Packaging – The acquisition involves a company providing solutions in sterile packaging and device testing for medical device manufacturers.
  • Healthcare & Life Sciences – SV Health Investors specializes in healthcare and life sciences investments, underscoring the article's focus on these sectors.
  • Private Equity – The article discusses a transaction backed by SV Health Investors, a private equity firm, emphasizing the role of investment in growth strategies.

Financials

  • $2.0B – The amount managed by SV Health Investors across multiple investment strategies.

Participants

NameRoleTypeDescription
Packaging Compliance LabsAcquirerCompanyAn industry leader offering sterile packaging solutions and validation testing for the medical device and life sciences markets.
Quest Engineering SolutionsTargetCompanyAn ISO 17025-accredited test lab specializing in mechanical testing services, based in Billerica, MA.
SV Health InvestorsPrivate Equity FirmCompanyA private investment firm focusing on healthcare and life sciences investments, managing a portfolio valued at approximately $2.0B.
Matt LaphamCEO of Packaging Compliance LabsPersonCEO of PCL, responsible for steering the company's growth and expansion strategies.
Herman HeldPresident of Quest Engineering SolutionsPersonPresident of Quest Engineering Solutions at the time of acquisition.