SOUTHPORT, N.C. — Point Lookout Capital Partners is the new owner of Tri-Tech, a provider of DNA collection and forensic crime scene investigation products.
Point Lookout is based in New York.
Financial terms were not disclosed.
Tri-Tech, which was founded in 1983, will retain its name and product names as well as existing management, according to Point Lookout. Tri-Tech designs, produces and markets a variety of kits that are used by crime labs, law enforcement agencies and militaries around the world.
“Tri-Tech has had an outstanding reputation in the forensics market for many years,” said James Cesare, managing partner of Point Lookout, in a statement. “Given the increasing levels of accountability required from the judicial system, crime scene investigation products are becoming more sophisticated and the users are demanding higher quality products.”
Private equity firm buys N.C.-based DNA, forensic crime products firm
Copyright 2008 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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