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December 15, 2021

BGL Announces the Sale of PDC Laboratories to Pace Analytical Services

Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of PDC Laboratories, LLC (PDC) to Pace Analytical Services LLC, a portfolio company of Aurora Capital Partners. BGL’s Environmental & Industrial Services investment banking team served as the exclusive financial advisor to PDC in the transaction. The specific terms of the transaction were not disclosed.

Founded in 1981 in Peoria, Illinois, PDC is a premier, full-service environmental testing laboratory providing a comprehensive suite of testing capabilities for clients throughout the Midwest. Operating from a network of four analytical laboratories in Illinois and Missouri, PDC utilizes state-of-the-art modern analytical techniques and equipment to provide drinking water, groundwater, wastewater, waste, and soil testing analyses required by both state and federal regulatory programs. PDC’s integrated laboratory network, extensive testing capabilities and capacity, and best-in-class management have helped position the company as a go-to strategic partner for a diverse group of industrial, government, environmental, engineering, manufacturing, and other clients.