Research Corporation Technologies

Particle Dynamics Announces Sale to New Ownership Group Led by BroadOak Capital Partners

Retrieved on: 
Wednesday, September 29, 2021
Pharmaceutical, Other Manufacturing, Health, Banking, Professional Services, Technology, Manufacturing, Other Technology, GMP, Farragut, Partnership, LLP, Research, OTC, Solution, CDMO, API, FDA, Innovation Center station, FleetBoston Financial, Pillsbury Winthrop Shaw Pittman, Broad, Spray drying, Ownership, Board, High dynamic range, Technology Development Board, CEO, Acquisition, Micro-encapsulation, CMO, Growth, PIC, RCT, Technology, Taft Stettinius & Hollister, Form, Investment, First Merchants Corporation, Industry, Research Corporation, Director, Bank, 3D printing, Management, Particle Dynamics, BroadOak Capital Partners, Research Corporation Technologies, Farragut Capital Partners, PARTICLE DYNAMICS, BROADOAK CAPITAL PARTNERS, RESEARCH CORPORATION TECHNOLOGIES, FARRAGUT CAPITAL PARTNERS

Particle Dynamics, a global leader in particle processing, delivery technologies, and finished dose manufacturing for pharmaceutical, over-the-counter (OTC), and nutraceutical companies, has sold from Edgewater Capital Partners to a new ownership group led by BroadOak Capital Partners (BroadOak).

Key Points: 
  • Particle Dynamics, a global leader in particle processing, delivery technologies, and finished dose manufacturing for pharmaceutical, over-the-counter (OTC), and nutraceutical companies, has sold from Edgewater Capital Partners to a new ownership group led by BroadOak Capital Partners (BroadOak).
  • The new ownership group comprises BroadOak, Research Corporation Technologies (RCT), and Farragut Capital Partners (Farragut); BroadOak and Farragut provided subordinated debt to Particle Dynamics in 2019 as part of a recapitalization.
  • Particle Dynamics combines deep particle processing and delivery technology expertise to provide the global healthcare industry functionally superior products and custom manufacturing services in US-based GMP, FDA inspected facilities.
  • The new group led by BroadOak Capital Partners is ideal to accelerate the growth of our company based on our vision to be a partner of choice recognized for our technologies and our people.