Aspen Research Corporation

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Aspen Research Corporation - overview

Established

1986

Location

Maple Grove, MN, US

Primary Industry

Environmental Services

About

Aspen Research Corporation is a specialized analytical testing provider focused on materials characterization, delivering precise solutions for clients in pharmaceutical and medical sectors to ensure compliance with regulatory standards. Founded in 1986, Aspen Research Corporation is headquartered in Maple Grove, US. The company specializes in analytical testing and materials characterization. There are no known changes in business operations or ownership structure.


The founder's history is not detailed, and there are no mentions of previous companies founded. Aspen Research Corporation has completed 1 deal, with the most recent deal occurring on April 24, 2019. Aspen Research specializes in analytical testing and materials characterization, focusing on extractables and leachables studies, method development, and polymer analysis. Their ISO 17025 accredited laboratory serves clients in pharmaceuticals, food packaging, and medical devices, ensuring compliance with stringent regulatory standards.


Aspen Research operates in North America, Europe, and Asia, providing tailored solutions to meet industry needs. Aspen Research generates revenue through B2B transactions with pharmaceutical companies, food manufacturers, and industrial clients, offering customized testing plans that ensure compliance with international standards such as USP and ISO. Their revenue is derived from ongoing partnerships and one-time assessments, with flagship services in extractables and leachables testing and polymer characterization contributing to their financial performance. Aspen Research plans to leverage its recent funding from the deal on April 24, 2019, to expand its service offerings and enhance testing capabilities.


They are aiming to introduce new analytical services tailored to emerging regulatory requirements in North America and Europe by 2024. Furthermore, the company is targeting growth in Asian markets, which will require ramping up their operational capacity to meet the increasing demand for compliance testing solutions.


Primary Industry

Environmental Services

Sub Industries

Recycling

Website

www.aspenresearch.com

Verticals

Clean Technology

Company Stage

Mature

Total Amount Raised

Subscriber access only

Aspen Research Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedAspen Research Corporation-

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