SUNNYVALE, CA - Evans Analytical Group Inc. (EAG) a global provider of surface analysis and materials characterization services, microelectronics “release to production,” and electronic failure analysis services, has acquired Chemir Analytical Services and its affiliates CAS-MI Laboratories and Cyanta Analytical Services. Chemir and CAS-MI will continue to operate under their current names, and Cyanta will begin the process to be renamed EAG Life Sciences, to reflect its planned expansion of service offerings. All three laboratories will continue operations at their respective facilities. Financial terms of the transaction were not disclosed.
Chemir Analytical Services, St. Louis, MO, has built its reputation by solving unique challenges associated with product failures across diverse industries including identification of contaminants, deformulation of products and litigation support for patent infringement cases. CAS-MI Laboratories, Ypsilanti, MI, has provided analytical services for the polymer, paint and coatings, adhesives, and sealants industries since 1943. More recently, CAS-MI has assisted entrepreneurs in product development for novel paint and coating technologies. Cyanta Analytical Services, Louis, MO, provides services to support pharmaceutical and medical device development.
EAG is majority owned by Odyssey Investment Partners LLC, a private equity firm with more than $2 billion in capital under management. Odyssey makes majority, control investments primarily in established middle-market industrial manufacturing and business services companies in a variety of industries.
EAG Buys Chemir and CAS-MI
April 8, 2011