Boston-based Battery Ventures has acquired United Kingdom-based James H. Heal & Co. Ltd. Terms of the transaction were not disclosed. Heal will continue its manufacturing operation in the United Kingdom under the leadership of Battery executive Don Templeman as Heal chairman and director.
“Battery is an experienced and knowledgeable investor in the test and measurement market,” said David Repper, Heal’s longtime managing director who will continue as a consultant for James Heal to ensure a smooth transition period. “We look forward to working together to continue the James Heal methodology of unparalleled textile-technology expertise, design and innovation.”
November/December 2014
