Friday, June 4th, 2010
Galson Laboratories Enters Into Investment Agreement
Syracuse, N.Y. - Galson Laboratories, a world leader in industrial hygiene analysis and monitoring solutions, today announced that it entered into an agreement with Bolder Capital that will provide capital to help expand its services and products on a much broader scale.
Specific terms of the agreement were not disclosed. However, under the agreement, all existing management will remain in place and retain an ownership interest in the company. All services and programs currently provided to clients will continue without change. The Galson Laboratories name and company philosophy will continue.
"This new agreement will help Galson Laboratories fund its international expansion, which has been growing steadily in the past several years," said Joe Unangst, President and CEO. "We will continue to provide and build upon the exceptional service that our clients have come to expect from our dedicated employees as our company continues to expand."
For information, contact Joe Unangst at (888) 432-5227.
Galson Laboratories provides services in every state of the union as well as 38 different countries. Galson Laboratories works under the principles of continuous improvement and has developed industry leading programs for its clients such as its FreePumpLoan™ and FreeSamplingBadges™ programs. Galson Laboratories is accredited by the American Industrial Hygiene Association Laboratory Accreditation Program and has global ISO/IEC 17025:2005 accreditation through AIHA-LAP. Headquartered in Syracuse, NY, Galson Laboratories has offices in Charleston, SC, Alameda, CA, Clear Lake Shores, TX and Stevens Point, WI.
Bolder Capital is a private investment firm established to find and invest in middle market companies for long-term value creation. Bolder primarily co-invests with JZ Equity Partners and The Edgewater Funds (the Co-Investors") and works closely with these funds or their advisors to find appropriate investments. Bolder Capital, the Co-Investors and their advisors bring over 50 years of combined investment experience and substantial financial resources in excess of $1.0 billion in capital. In addition, the Co-Investors and their advisors have extensive operating experience in a broad range of industries, having acquired or funded more than 400 companies.