SK Capital Partners Acquires PPT Group from Battery Ventures, Expands Specialty Materials Portfolio

SK Capital Partners has acquired Physical Properties Testers Group from Battery Ventures. PPT Group is a global leader in physical property test and measurement solutions with a portfolio of testing instruments for various industries. The acquisition will allow SK Capital to deepen its industrial technology presence and leverage its expertise in the specialty materials sector.

SK Capital Partners, a private investment firm specializing in specialty materials, has recently acquired Physical Properties Testers (PPT) Group from Battery Ventures [1]. This acquisition comes as part of SK Capital's ongoing efforts to deepen its presence in the industrial technology sector.

PPT Group, a global leader in physical property test and measurement solutions, boasts a diverse portfolio of testing instruments designed for various industries [2]. With this acquisition, SK Capital aims to leverage PPT Group's expertise in the field and expand its offerings to customers.

One of PPT Group's most notable acquisitions was that of Lansmont Corporation, a world leader in shock and vibration measurement systems and monitoring instrumentation [1]. This acquisition has enabled PPT Group to expand its product range and offer end-to-end testing solutions, unrivaled by any other industry providers [1].

Lansmont, based in Monterey, California, has been a pioneer in the development of innovative shock and vibration measurement and testing technology for over 50 years [1]. Its technology is trusted by leading companies, government laboratories, and educational institutions worldwide to discover product vulnerabilities, design optimized protective packaging, and ensure product durability [1].

PPT Group's product range extends beyond Lansmont, with other brands such as Alluris, James Heal, and Mecmesin also contributing to the group's expertise in testing instrumentation and quality control technologies [2].

John Page, PPT Group Managing Director, commented on the acquisition, stating, "Lansmont is the perfect fit for the PPT Group. We share synergistic end markets, and the extensive product ranges complement rather than compete" [1]. He added, "This acquisition expands the testing capabilities of the PPT Group portfolio and will significantly contribute to our vision of a multi-branded global platform that can provide high-quality testing solutions across all standards, materials, and applications" [1].

With this latest acquisition, SK Capital continues to strengthen its position as a leading player in the industrial technology sector, leveraging its expertise in the specialty materials sector to drive growth and innovation.

References:

[1] Physical Properties Testers Group. (2023, January 18). Press Release: Physical Properties Testers Group Acquired by SK Capital Partners. https://www.pptgroup.com/post/ppt-group-acquired-by-sk-capital-partners
[2] Physical Properties Testers Group. (n.d.). Testing Solutions - Driven by Standards. https://www.pptgroup.com/