Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has acquired Technical Safety Services (TSS) from The Edgewater Funds and JZ Partners.
Financial terms of the transaction have not been disclosed.
Founded in 1970, TSS is a provider of testing, inspection, certification, and calibration (TICC) services to customers in the pharmaceutical, biotechnology, healthcare and other life sciences end markets.
CEO Brent Hart will continue to lead TSS under LLCP’s ownership. Hart has been a part of the TSS team for nearly 20 years and has led the Company’s strategic expansion including the completion of over 20 add-on acquisitions since 2018, and substantial expansion of client relationships and geographic presence.
TSS is the ninth platform investment of Levine Leichtman Capital Partners Fund VI.
