Levine Leichtman Capital Partners Acquires Technical Safety Services
Summary
Founded in 1970, TSS is a leading provider of testing, inspection, certification, and calibration (“TICC”) services to customers in the pharmaceutical, biotechnology, healthcare and other life sciences end markets. Headquartered in La Jolla, California, TSS provides on-site technical services mandated to occur at regular intervals to ensure all clients remain in compliance with regulatory standards. LLCP understands our business model and shares our vision to build out our client service and management practices, pursue cross-selling opportunities, execute strategic acquisitions, and penetrate untapped geographies,” said Mr. Hart. Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 39-year track record of investing across various targeted sectors, including franchising, business services, education and engineered products. LLCP currently manages $9.0 billion of assets and has offices in Los Angeles, New York, Chicago, Charlotte, Miami, London, Stockholm, The Hague and Frankfurt.