Science Care has received investment from American Capital Equity

March 2016 — The private shareholders of Science Care have sold the company to American Capital Equity Management LLC for an undisclosed consideration.

Science Care is the world’s largest non-transplant human tissue (NTHT) bank. Headquartered in Phoenix, Arizona, with facilities in California, Colorado, Florida, and Pennsylvania, Science Care provides medical device companies, medical schools and hospitals with NTHT services for training and research purposes. Science Care sources tissue through voluntary whole body donation programs, prepares tissue specimens based on customer demand and specifications, and transports tissue to its domestic and international client base.

Based in Bethesda, Maryland, American Capital Equity Management is a private equity firm specializing in investments in leveraged buy-outs. The firm focuses in middle-market investments in North America. Operating as a subsidiary of American Capital, Ltd, American Capital Equity seeks to invest between US$25–150 million in companies with an EBITDA of US$5–25 million for new platforms but it does not have any minimum for add-ons. The firm seeks to invest in companies with asset-light business models with strong free cash flow conversion. It prefers to take control equity positions but with significant management ownership post close.

Our role in the transaction

Oaklins' team in Los Angeles advised the seller in this transaction.