Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Astorg acquires Thermo Fisher's Microbiology business

PRIVATEAug 12, 2026about 3 hours ago

Acquiring Company

Astorg

Acquired Company

WORQ

MalaysiaInformation TechnologyFinancial ServicesSoftware

Description

Astorg has completed the acquisition of the microbiology business from Thermo Fisher Scientific. This business will now become an independent company led by CEO Dirk Bontridder. It focuses on providing diagnostic consumables and equipment. A new corporate brand will be introduced later in 2026.

Company Information

Company

Astorg

About

Astorg is a European private equity firm with over €17 billion of assets under management. Astorg works with entrepreneurs and management teams to acquire market leading global companies headquartered in Europe or the US, providing them with the strategic guidance, governance and capital they need to achieve their growth plans. Enjoying a distinct entrepreneurial culture, a long-term shareholder perspective and a lean decision-making body, Astorg has valuable industry expertise in healthcare, software, technology, business services and technology-based industrial companies. Astorg has offices in London, Paris, New York, Frankfurt, Milan and Luxembourg.

Predictive Intelligence
Strategic

ML-powered predictions for Astorg's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by Astorg. The deal was reported on August 12, 2026. Astorg is a European private equity firm with over €17 billion of assets under management. Astorg is privately held and operates in Information Technology.

When did Astorg acquire WORQ?

Astorg's acquisition of WORQ was reported on August 12, 2026. Astorg has completed the acquisition of the microbiology business from Thermo Fisher Scientific. This business will now become an independent company led by CEO Dirk Bontridder. It focuses on providing diagnostic consumables and equipment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.