Clinical laboratory diagnostics
The UK head office houses all product development, manufacturing, global distribution and marketing. Worldwide customer support is also provided by a further seven offices in the US and Europe.
As part of its in-depth sector coverage, Nordic Capital identified Binding Site as an attractive opportunity in 2010 and proactively approached the founder, a Professor of Immunology at Birmingham University’s Medical School. As a result of those discussions, Nordic Capital entered into a bilateral dialogue to acquire the company.
Our extensive experience and deep sector knowledge helped secure the trust of the founder, who retained a minority shareholding in the company and continued to support the business after the acquisition as a member of the board and R&D Committee.
Building the business