Healthcare & Life Sciences Private Equity Deal Tracker: Blackford Acquires PACIV

Geoffrey Cockrell
McGuireWoods LLP
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Blackford Capital has announced it has acquired PACIV.

PACIV, with its U.S. headquarters in Indianapolis, is a provider of industrial process automation and systems integration. Founded in 1997, the company primarily support manufacturers in the pharmaceutical and life sciences industries.

Blackford, based in Grand Rapids, Mich., is a lower middle market private equity firm. Founded in 2010, the firm focuses on the manufacturing, industrial and distribution industries.

Terms of the acquisition were not disclosed.

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