TroyGould Client Spectrum Inc. Acquired for $359 Million
LOS ANGELES, Aug. 23, 2017 /PRNewswire/ -- TroyGould announced today that its client, Spectrum Inc., a leader in bioprocess filtration, has been acquired by Repligen Corporation for $359M. The combined companies will offer the market's broadest range of hollow fiber and flat sheet filtration technologies for cell culture and purification. The deal includes $120M in cash and 6,154,000 shares of stock in Waltham, Mass.-based Repligen.
The merger is expected to accelerate the growth of Repligen's filtration business, provide access to new customers, and greatly expand its commercial footprint, strengthening Repligen's position as a leader in single-use and continuous manufacturing technologies for bioprocessing.
TroyGould, which has represented Spectrum for a dozen years, provided real estate and export control and compliance legal services for the merger. The TroyGould team included Dale Short, Istvan Benko, Sandy Slon, Christian Hollweg and Deitrick Miller.
About TroyGould Attorneys
Founded in 1970, TroyGould is an innovative, mid-size firm law firm for business that has been a nationally and internationally recognized. Their comprehensive list of practice areas include corporate and securities, life science, litigation, real estate, entertainments and IP, and tax. For more information, visit: http://troygould.com
SOURCE TroyGould
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