FREMONT, CA: Albireo Energy, a platform company of Huron Capital Partners that offers a holistic approach to energy efficiency services and smart building solutions completes its latest add-on acquisition by buying GxP Automation.
GxP Automation offers HVAC Automation, process automation, validation, and commissioning solutions for the Life Science and critical industries.
The acquisition by Huron Capital Partners, a private firm that invests in lower middle-market companies aims to strengthen Albireo’s services to life sciences clients.
“Our existing footprint aligns well with that of the pharmaceutical and biotech industry, and we believe the addition of GxP will enable us to service our customer base more holistically in addition to creating opportunities to service new customers,” says Jim Mahoney, Partner at Huron Capital.
This is the fifth acquisition by Albireo Energy since it became operational in May 2014. On the occasion of the announcement, Phil Bomrad, CEO, Albireo states; “GxP’s expertise and reputation in the Boston metropolitan area is a synergistic addition to the Albireo platform.