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Revvity remains in Hopkinton as facility sold to investment group

PHOTO/JERRY SPAR

Life sciences company Revvity will continue operations at its facility in Hopkinton after the sale of its building on Elm Street last month.

According to the Middlesex South District Registry of Deeds, Revvity’s facility at 68-78 Elm Street was purchased on Jan. 26. New Mountain Capital, a New York-based investment firm, purchased the building for $58.4 million.

The two adjacent properties total 198,336 square feet and provide space for manufacturing, research and development. The seller was an entity managed by Wakefield-based Northbridge Partners, according to the Worcester Business Journal.

The Elm Street property is “100% leased to Revvity,” which has a long-term lease there, per a 2025 press release from JLL Capital Markets. JLL worked on behalf of Northbridge Partners to secure financing for the facility.

Revvity reportedly is one of Massachusetts’ largest public companies. It was formed in 2023 following the sale of its parent organization, PerkinElmer, to New Mountain. The life science and diagnostics company employs around 11,000 people and operates one of its manufacturing sites in Hopkinton.

The company consolidated operations into its Hopkinton facility in October after closing its Lawrence and South End sites, cutting over 100 jobs.

It also discussed plans for renovating its lab building with the Conservation Commission last July.

In a brief statement, a Revvity representative told the Independent in an email that the site’s sale likely would have no effect on the company’s presence in town. “For Revvity, it’s just a new landlord and has no impact on our operations in Hopkinton,” they explained.

— NICK SCHOFIELD

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Photo of the Day

A stop sign at the corner of Maple Street and Pleasant Street remains visible — but not by much — above a mound of snow.

PHOTO/JERRY SPAR