RONKONKOMA, N.Y. - Detroit private equity firm Huron Capital has acquired New York-based laboratory furniture manufacturer Lab Crafters Inc. for an undisclosed amount.

 

"Lab Crafters offers competitive, differentiated products to its customers," said Huron Capital partner Brian Walker. Walker is also former Herman Miller CEO.

 

"The company has already gained meaningful share in the laboratory furniture market, and its loyal customers include some of the nation's largest Fortune 500 companies and premier research institutions. Huron has invested in Lab Crafters because we believe the company is capable of accelerated growth and we are focused on pursuing a number of strategic initiatives to diversify and expand this runway."

 

Walker will join Lab Crafters' board of directors.

 

Lab Crafters makes furniture for sectors including biotechnology, pharmaceuticals, higher education, and government. 

 

"We are proud to have built Lab Crafters into one of the leading manufacturers of specialized furniture for laboratories in the U.S.," Robert DeLuca, Sr., the company's founder said in a statement. "We are confident that our partnership with Huron will provide the necessary capital and industry expertise to further accelerate our national growth while we continue to serve our existing customers."

 

DeLuca will continue as company president.

 

In September 2019, Huron made a majority investment into Illinois-based Northwest Pallet - merging the company with Prime Woodcraft Inc.