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September 11, 2000

Upchurch Scientific Acquired


Upchurch Scientific has been purchased by Management and KRG Capital Partners for an undisclosed cash amount. The sale was finalized on August 31, 2000.

“The sale of the company will not effect our day-to-day operations,” says Upchurch Scientific President Alan Schell. “There will be no change in management personnel, and certainly no change in our primary goal to provide nothing less than complete customer satisfaction.”

Upchurch Scientific, a leading manufacturer of close-tolerance fluid transfer fittings, tubing and accessories, was founded in 1975 by Paul Upchurch. The company specializes in precision injection molding, machining and extrusion of high-end engineering thermoplastics, and has built a reputation as an innovation leader by consistently developing hundreds of new products each year.

Located in Oak Harbor, Washington on Whidbey Island, Upchurch Scientific serves the worldwide analytical lab, diagnostic and medical device markets. The company employs approximately 100 people.

KRG Capital Partners, LLC, a private equity investment firm based in Denver, Colorado, invests in companies with a history of operating profitability and with strong growth prospects, and in which they can partner with existing management teams.



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