CLJ Holdings Completes Acquisition Of Leak Detection Associates

CLJ Holdings, an NJ-based financial firm comprised of former C-level executives, announces completion of Leak Detection Associates, an instrument manufacturer and engineering house with 25 years history in the helium leak detection and package development space.

Egg Harbor, NJ (PRWEB) - CLJ Holdings, LLC, a New Jersey based financial firm comprised of former C-level executives focused on pharmaceutical and biotechnology industry company investments, today announced the completion of its acquisition of Leak Detection Associates (LDA), the world’s leading manufacturer of helium based, high sensitivity leak detection systems for the pharmaceutical, medical device and food industries. Financial terms of the deal were not disclosed, but it should be noted that Jeff Morrow-Lucas, Lead Engineer and Chief Operations Officer of LDA, will be joining the executive management team of the new LDA and will serve as Director of Engineering Services.

“We see LDA as an exciting opportunity; a platform company that enables us to build out an extensive operation serving the target markets within pharma, biotech and the packaged food industries,” commented Deborah Kronyak, Managing Director of CLJ Holdings. “We will immediately make a substantial capital investment to LDA that will drastically improve our product and service platforms and expand our sales and operational program globally,” she added.

LDA’s lead product, a helium leak test system called the SIMS 1284+ combines the latest in helium leak detection technology with its proprietary SIMS software for data collection and analysis of various package systems. When using helium as a tracer gas, package leakage can be quantitatively measured to levels far exceeding the sensitivity of traditional bubble and dye penetration tests, as well as modern technologies with other unique applications, such as pressure decay, mass extraction, and high voltage leak detection. The LDA system is a plug-and-play solution for analysis by ASTM F2391-05, a method authored by LDA’s founder, Dr. Darrell Morrow, and is fundamentally represented in guidance documents such as the USP 1207 general chapter.

Using uniquely designed test fixtures, quantitative leak rate data as garnered by the LDA SIMS1284+ has supported a full range of package systems, including cold form aluminum blisters, foil pouches, vials, syringes, and cartridges requiring a higher level of seal and closure integrity to provide gas permeation or microbial ingress protection and security. While the instrument provides options for pass/fail package seal quality and container closure integrity testing, tailored applications allow evaluation of unique and specific study goals, such as a direct comparison of various packaging materials and forms, production line settings, or stability storage conditions. Flexible in its use, the technology and equipment can be used across a product lifecycle; in package design, tooling qualification, production line setup and package quality monitoring.

About CLJ Holdings, LLC 
Founded in 2015 and based in New Jersey, CLJ Holdings is an investment partnership of former C-Level executives that each bring at least 25 plus years of company development, management and M&A transaction experience to the arena. The team is primarily focused on middle market company investments in pharma related companies to include clinical research organizations, clinical trial management, laboratory services and laboratory instrument and supply companies.

About LDA, LLC 
For 25 years, Leak Detection Associates has been the premier manufacturer of custom helium leak detection instruments for the pharmaceutical, medical device, and food packaging industries. LDA’s well-established technology has been incorporated into ASTM and compendial guidance documents. This robust industry experience, combined with the advanced capabilities of the flagship SIMS 1284+ helium leak detection unit, provides companies with tools to quantitatively evaluate leakage, improve the package development cycle, establish manufacturing controls, and ultimately reduce risk to the product and consumer throughout the lifecycle.