The Transaction
US-based Lafayette Instrument, LLC (“Lafayette Instrument”), a portfolio company of US private equity firm Branford Castle Partners, has acquired the assets of Avisoft Bioacoustics e.K. (“Avisoft”), a German manufacturer of ultrasonic recording technology and software for analyzing animal vocalizations.
The cross-border transaction is part of Lafayette Instrument’s continued growth strategy of expanding its life science instrumentation platform through targeted add-on acquisitions. Founder Raimund Specht will support the company through a transition period as production of Avisoft’s products is relocated to the US.
The companies
Avisoft Bioacoustics e.K.
Headquartered in Glienicke/Nordbahn, Avisoft Bioacoustics has developed, manufactured, and sold recording and playback technology as well as software for analyzing animal vocalizations for more than 30 years. While its early product portfolio focused on birdsong analysis for hobbyists and field researchers, Avisoft today specializes primarily in the analysis of ultrasonic animal vocalizations and has become a global market leader in this niche. In this context, Avisoft supplies leading universities, research institutions, and industrial R&D departments worldwide for bioacoustic and behavioral research. Research applications include, in particular, pharmacological analysis and addiction research.
Lafayette Instrument Company, Inc.
Lafayette Instrument has more than 75 years of experience developing data acquisition and measurement technology for research and education, medicine, physical therapy and rehabilitation, and security and law enforcement, and is among the leading providers in neuroscience research, human evaluation, and credibility assessment. Lafayette is a portfolio company of private equity firm Branford Castle Partners. Lafayette Instrument will relocate production of Avisoft’s products to the US and continue their development from there. The acquisition of Avisoft supports Lafayette’s growth strategy of expanding its own life science portfolio through add-on acquisitions. Previous acquisitions include Sutter Instrument and Alzet Osmotic Pumps.
About Loy & Co Corporate Finance GmbH
Loy & Co is an independent, owner-managed advisory firm focused on advising on mergers and acquisitions, shareholder financing, corporate financing, and financing advisory for medium-sized companies.
