Healthcare & Life Sciences Private Equity Deal Tracker: Bain Capital to Acquire Harrington Process Solutions

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Bain Capital Private Equity will acquire Harrington Process Solutions, according to a news release.

Harrington, founded in 1959 and based in Chino, Calif., is a specialty distributor of industrial flow control process solutions. Harrington provides solutions to a wide range of industries, including life sciences.

Bain Capital Private Equity, based in Boston, focuses on making control and minority equity investments and prefers to make more substantial investments from a dollars perspective. Founded in 1984, the firm invests in healthcare and several other industries, targeting companies with revenue of at least $100 million. Within healthcare, Bain Capital targets companies in the provider services, hospital/major facilities, life sciences/pharmaceutical and non-reimbursement industries.

Terms of the acquisition were not disclosed.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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