Amalgamated Laboratory Solutions buys Precedental
Amalgamated Laboratory Solutions (ALS), a London-based business backed by Ansor Private Equity, has acquired Precedental, a Stourbridge-based dental laboratory company, The Business Desk has reported.
The terms of the deal were not disclosed.
Founded in 2019 by Ansor partners Peter Strafford and Peter Marson, ALS has expanded to have nationwide UK coverage. It has grown from a start-up at the end of 2019 through a mixture of acquisition and organic growth in the crown and bridge and orthodontic segments. ALS has a strong pipeline of future acquisitions and new products that will continue to drive the rapid expansion and development of the group, according to the group’s website.
Precedental was founded in 1990 by Ross Liversidge and Pete Smith in conjunction with the Princes Youth Business Trust.
Thursfields provided legal advice to the shareholders of Precedental. Corporate finance advice was provided to the shareholders of Precedental by BSN Associates.
ALS was advised by Lawrence Stephens (legal) and Azets (corporate finance).