Thompson Street Capital Partners Portfolio Company Savillex Acquires Envair’s ONFAB

ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, in conjunction with its portfolio company, Savillex, today announced the acquisition of ONFAB. The addition of ONFAB, a manufacturer of bespoke, single-use flexible containment solutions for pharmaceutical process manufacturing, positions Savillex as a leader in providing innovative containment solutions to the global pharmaceutical, biopharmaceutical, and contract manufacturing organizations. Terms of the transaction were not disclosed.

“We are very excited to add ONFAB into the Savillex family,” said Steve Harding, President of Savillex. “The combination of Savillex and ONFAB enables us to offer more container and containment solutions to our customers by combining our complimentary engineering and production capabilities and product portfolios.”

Many of the world’s largest pharmaceutical, biopharmaceutical companies, and contract manufacturing organizations trust Savillex’s expertise in rigid containers, customer container projects, and closed mixing systems. With locations in the UK and Spain, the acquisition of ONFAB expands Savillex’s ability to serve industry-leading containment solutions to their global life sciences customers.

Founded in 2004 as a family-owned business, ONFAB focuses on designing and fabricating innovative flexible isolator systems. The designs are custom-made to the unique needs of each customer’s pharmaceutical manufacturing process and protect users from highly potent pharmaceutical ingredients. ONFAB’s systems reduce manufacturing costs, minimize cleaning and cleaning validation times, and shorten downtime for equipment changeout. As part of Savillex, ONFAB customers and channel partners will now have access to a full suite of custom rigid container solutions for their most important and time-sensitive projects. The Savillex brand gains an international footprint with increased ability to serve global customers.

Said Matt Scherrer, Managing Director, TSCP, “We’re excited to be partnering with the management team of ONFAB, which highly complements our existing efforts in life science containment solutions through our platform Savillex.” Added Mr. Scherrer, “ONFAB brings industry-leading capabilities in custom, single-use flexible containment design and manufacturing as evidenced by its impressive roster of customers. We’re excited to bring ONFAB onboard and accelerate the ongoing growth of Savillex.”

About Thompson Street Capital Partners

Thompson Street Capital Partners (TSCP) is a St. Louis-based private equity firm focused on investing in founder-led middle market businesses. TSCP has acquired more than 200 companies in the Life Sciences & Healthcare Services, Software & Technology and Business Services & Consumer Products sectors and has managed more than $4.5 billion since being founded in 2000. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.

About Savillex

Savillex is a leader in providing high performance rigid plastic container solutions for the life science industry, as well as semiconductor, aerospace, and geochemistry applications. Since its founding in 1976, Savillex’s goal has remained the same: to provide the world’s best container solutions to users worldwide, whatever the application. Savillex is headquartered and has manufacturing facilities in Eden Prairie, Minnesota, USA. For more information about Savillex, visit www.savillex.com.

Jeremy Milner
BackBay Communications
jeremy.milner@backbaycommunications.com
(401) 862-9422