Carter Morse & Mathias
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FTS Systems, Inc. ("FTS"), located in Stone Ridge , NY , is a manufacturer of precision thermal control systems serving the pharmaceutical, biotechnology, and industrial market.  Celerity, Inc. sold FTS to SP Industries, a global supplier of laboratory to production scale freeze dryers marketed under the well-known brands of VirTis® and Hull®.  Carter Morse & Mathias acted as Celerity’s exclusive financial advisor in this transaction.

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