May River Capital sells Dickson to Copeland
May River Capital has finalized the sale of its portfolio company, Dickson, to Copeland, a subsidiary of Blackstone. Dickson was acquired in April 2018 and transformed from a family-owned single-site business into a global environmental monitoring platform serving over 50 countries. Under May River's ownership, Dickson expanded its commercial capabilities, invested in next-generation detection solutions and cloud-based monitoring systems, and broadened its presence through the acquisition of Oceasoft. The company now operates from locations in Addison (Illinois), Montpellier (France), and Kuala Lumpur (Malaysia). Rick Weiler, CEO of Dickson, praised May River's support for transforming the business into a global leader in environmental monitoring within highly regulated industries such as life sciences and pharmaceuticals. Steve Griesemer of May River Capital highlighted Copeland’s strategic fit to further grow Dickson on an even larger platform.
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Topics: M&A private equity technology