Arlington Capital Partners (Arlington), a Washington, DC-based private equity firm, has acquired Millstone Medical Outsourcing (Millstone).
Selling shareholders included Schooner Capital, a Boston-based investment firm.
Headquartered in Fall River, MA, Millstone is a comprehensive solutions provider of quality-critical services to the medical device and pharmaceutical industries, managing post-manufacturing services and supply chain and logistics services.
Cain Brothers, a division of KeyBanc Capital Markets, served as financial advisor and DLA Piper served as legal advisor to Arlington on this transaction. William Blair & Company served as exclusive financial advisor and Locke Lord served as legal advisor to Millstone on this transaction.
