Private equity firm Warburg Pincus entered into a definitive agreement whereby one of its affiliates will invest in Hygiena, a provider of rapid-results environmental testing.

Antares Capital, Ares Management and Varagon Capital will provide debt financing for the transaction.

Houlihan Lokey served as financial advisor and Greenberg Trauig provided legal counsel to Hygiena. Cleary Gottlieb Steen & Hamilton and Epstein Becker & Green provided legal counsel to Warburg Pincus.

Hygiena is a microbiology and life sciences company that serves industrial food processors, healthcare institutions, life science researchers and the general public in more than 50 countries worldwide.