Acquisition will provide our customers with a stronger Pace presence in South Florida
Minneapolis, MN, July 25, 2011 (Pace Analytical Services, Inc.) Pace Analytical, an industry-leading provider of environmental testing services, is pleased to announce that it has purchased the assets of the Xenco Boca Raton laboratory as well as the Miami Lakes Service Center. The acquisition will allow Pace to better serve the industry-specific needs of its diverse client-base in Florida. With operating facilities in Ormond Beach, Boca Raton (Pompano Beach), Miami Lakes and Tampa, Pace will provide its customers with a broader range of environmental testing capabilities and specialty services than any analytical lab in the southeastern U.S.
The laboratories will operate as a part of a fully integrated, laboratory network and Florida business unit under the direction of Bob Dempsey, General Manager at the Ormond Beach laboratory, and Jeff Graham, Senior General Manager over the Southeast. XENCO Boca Raton will continue to work with the Pace management team during the ownership transition. Jack Dullaghan,COO, and Greg Whitman, CSO, of Pace will oversee operations, quality assurance, project management, and sales and marketing.
Steve Vanderboom, CEO of Pace Analytical, commented: “We are excited by the opportunity to leverage the Pace brand and 30 year history of high-quality services and unparalleled coverage in terms of nationwide testing locations, additional lab capacity and certifications to our Florida customers. This addition accomplishes one of our key objectives of providing an even stronger Pace presence in the southeast U.S. We understand the importance of a local presence and look forward to the continued growth of our laboratory network in south Florida.”
The acquisition was finalized on Saturday, July 23, 2011. Terms of the agreement are not disclosed at this time.
For more than 30 years, Pace Analytical has provided comprehensive analytical testing and emergency disaster response services for a broad range of clients, markets and industries. Today, Pace Analytical is recognized as the industry’s second largest environmental testing firm in the United States, operating a nationwide network of eighteen laboratories and eleven service centers with a list of certifications and accreditations that covers the nation. Pace prides itself in providing clients – both on a national and local level – with exceptional service, legally defensible data, and convenient and reliable online data management.
Visit us at www.pacelabs.com