Battery Ventures Obtains Specialty Products Provider Goodfellow

• Battery Ventures, a technology-focused investment firm, has obtained Goodfellow, a professional vendor of high-grade materials for research and development, prototyping and specialized manufacturing. Terms of the transaction were not disclosed.

Established in 1983, the firm backs firms in any way stages, ranging from seed and early to development as well as buyout, and also invests internationally from six tactical areas: Boston; San Francisco and also Menlo Park, Calif.; Herzliya, Israel; London; as well as New York City.

Headquartered in Cambridgeshire, UK, Goodfellow has subsidiaries in China, France, Germany and also the United States to serve its global customer base. Customers consist of innovative suppliers, government research study centers, labs and also leading universities worldwide. "Clients rely on Goodfellow to procure top notch raw materials and semi-fabricated components that satisfy one of the most rigorous quality standards for their research study along with specialized production demands, such as brand-new product prototyping," states the company.

The wide research and development (R&D) market is positioned for development as the percentage of the global population that works in design as well as research study rises, driving added R&D activity and also invest. At the same time, as scrutiny of materials in the international supply chain boosts, organizations and laboratories acknowledge the value of resorting to a trusted partner that can assure purity and the exact characteristics of the materials used throughout scientists' workflows.

Goodfellow's product catalog consists of more than 70,000 products, including over 700 different materials in numerous kinds, including alloys, porcelains, composites, compounds, glass, metals and polymers. In addition, the business also supplies customized services for its clients. "By using extremely sophisticated researchers and also engineers, with extensive technical knowledge of products and their processing demands, Goodfellow collaborates with its consumers to suggest suitable materials as well as products to fulfill the requirements of their specific applications," claims the business.

" Goodfellow has constructed a strong track record for superior customer support in a market where high quality, reliability and know-how is essential," stated Battery Ventures General Partner Jesse Feldman.

" We eagerly anticipate proceeding this heritage as well as additional serving Goodfellow customers worldwide by expanding the company's worldwide service and expanding its product array, including via targeted M&A, along with boosting consumers' digital-procurement experience-- allowing them to even more easily get even more materials online."

" Our goal has actually constantly been to be a trusted supplier of one of the most extensive series of products for research study, development as well as specialized making to ensure that our consumers can have whatever they desire, whenever they require it, wherever they are," stated Goodfellow Sales Director Simon Kenney.

" Battery Ventures, a well-capitalized, international investment firm, will bring extra sources as well as a deep experience in the industrial-technology market to assist us accelerate growth in the next phase of Goodfellow's journey. We expect continuing to build on Goodfellow's heritage and thank Stephen for his essential contribution to the business approximately this factor."

Battery is continuing to increase its financial investment task in the industrial-technology markets and has completed greater than 60 industrial-related deals across the UNITED STATE as well as Europe since 2003. For a full checklist of Battery portfolio firms, please visit this site.