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Northborne Partners Advises NWDLS on its Sale to SPL, a Portfolio Company of Sentinel Capital Partners
Northborne Partners said the deal expands SPL’s laboratory testing platform across 24 locations in the United States.
- On Tuesday, May 12, 2026, Northborne Partners announced it served as the exclusive financial advisor for the sale of North Water District Laboratory Services, Inc. to SPL, a portfolio company of Sentinel Capital Partners.
- NWDLS operates as a full-service environmental laboratory provider, offering comprehensive analytical testing services for water, wastewater, soil, and sediment analysis.
- Sentinel Capital Partners, a middle-market investment firm, specializes in operational resources, while its portfolio company SPL focuses on energy and measurement services.
- Former NWDLS owner Robert McCoy stated the Northborne team provided "thoughtful advice, strong execution," helping achieve a successful outcome for employees.
- Financial terms of the transaction were not disclosed. The acquisition positions NWDLS for continued growth within the environmental services sector.
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Northborne Partners Advises NWDLS on its Sale to SPL, a Portfolio Company of Sentinel Capital Partners
MINNEAPOLIS, May 12, 2026 /PRNewswire/ -- Northborne Partners today announced that it served as the exclusive financial advisor to North Water District Laboratory Services, Inc. ("NWDLS" or the "Company") in its sale to SPL, a portfolio company of Sentinel Capital…
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Total News Sources28
Leaning Left2Leaning Right1Center16Last UpdatedBias Distribution84% Center
Bias Distribution
- 84% of the sources are Center
84% Center
11%
C 84%
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