Private equity firms Creador and InvAscent have invested approximately ₹550 crores ($68 million) into Accumax Lab Devices Private Limited.

Quillon Partners advised Creador and InvAscent in this investment deal.

The transaction team consisted of Ankit Majmudar (Partner), Stuti Khosla (Associate) and Sakshi Goyal (Associate).

Accumax is a Gujarat-based company engaged in the manufacturing and wholesale of equipment for laboratories, and is one of the largest manufacturers of liquid handling equipment globally.

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