Blackford Capital, recently announced its closing on the sale of Mopec Group to Waud Capital Partners, a Chicago-based growth-oriented middle-market private equity firm specializing in the healthcare and software & technology sectors.
Founded in 1992 and headquartered in Madison Heights, Mopec is a vertically integrated, branded manufacturer and supplier of equipment, consumables and services serving the needs of the anatomic pathology and other laboratory end-markets. Mopec’s core mission is to empower pathology and anatomy professionals by providing products and solutions for the advancement of diagnostic accuracy, safety, research, education, and the treatment of disease.
Varnum LLP served as legal counsel for Blackford Capital and Mopec. Piper Sandler & Co. acted as exclusive financial advisor to Blackford Capital and Mopec. Kirkland & Ellis LLP served as legal counsel for Waud Capital. Stout Capital served as financial advisor to Waud Capital. Terms of the transaction were not disclosed.
Founded in 1992 and headquartered in Madison Heights, Mopec is a vertically integrated, branded manufacturer and supplier of equipment, consumables and services serving the needs of the anatomic pathology and other laboratory end-markets. Mopec’s core mission is to empower pathology and anatomy professionals by providing products and solutions for the advancement of diagnostic accuracy, safety, research, education, and the treatment of disease.
Varnum LLP served as legal counsel for Blackford Capital and Mopec. Piper Sandler & Co. acted as exclusive financial advisor to Blackford Capital and Mopec. Kirkland & Ellis LLP served as legal counsel for Waud Capital. Stout Capital served as financial advisor to Waud Capital. Terms of the transaction were not disclosed.
