November 2021

BDO Canada’s M&A and Capital Markets team advised on the sale of

AquaTox Testing & Consulting Inc.

BDO’s M&A and Capital Markets team is pleased to announce that IEH Laboratories and Consulting Group has acquired AquaTox Testing & Consulting Inc. (“AquaTox”) in an all-cash transaction.

BDO Canada acted as advisor to AquaTox, assisting the shareholders of the business throughout the complete divestiture process.

AquaTox Testing & Consulting Inc. operates one of the largest toxicology laboratories in Ontario and has provided testing services to industry and government agencies for more than 30 years.

Congratulations to both AquaTox Testing & Consulting Inc. and IEH Laboratories & Consulting Group on the completion of the transaction.

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“The BDO M&A team provided us with excellent guidance and advice throughout the sale process. Their streamlined approach for data, information gathering, and organization was something we could not have done on our own. We were fortunate to benefit from their years of experience, which made for no surprises along the way.”

Lesley Novak, M.Sc., President, AquaTox Testing & Consulting Inc.

For any inquiries related to this transaction, please contact:

“The BDO M&A team provided us with excellent guidance and advice throughout the sale process. Their streamlined approach for data, information gathering, and organization was something we could not have done on our own. We were fortunate to benefit from their years of experience, which made for no surprises along the way.”

Lesley Novak, M.Sc., President, AquaTox Testing & Consulting Inc.

AquaTox Testing & Consulting Inc.

BDO Canada’s M&A and Capital Markets team advised on the sale of

November 2021

BDO’s M&A and Capital Markets team is pleased to announce that IEH Laboratories and Consulting Group has acquired AquaTox Testing & Consulting Inc. (“AquaTox”) in an all-cash transaction.

BDO Canada acted as advisor to AquaTox, assisting the shareholders of the business throughout the complete divestiture process.

AquaTox Testing & Consulting Inc. operates one of the largest toxicology laboratories in Ontario and has provided testing services to industry and government agencies for more than 30 years.

Congratulations to both AquaTox Testing & Consulting Inc. and IEH Laboratories & Consulting Group on the completion of the transaction.

For any inquiries related to this transaction, please contact:

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