Allentown Announces Dane Kmetz as Director of Corporate Development

  • Allentown has hired Dane Kmetz as Director of Corporate Development, a newly formed role at the company. In this position, Dane will be responsible for driving Allentown’s inorganic growth strategy by identifying, assessing, and executing potential acquisitions, investments, and joint ventures.

    Dane joins Allentown with extensive experience as a corporate development professional. Prior to joining Allentown, Dane was responsible for sourcing and executing strategic transactions at Aptiv, an automotive technology supplier. Earlier in his career, he worked across a broad range of industries as an investment banking advisor with Houlihan Lokey and held various roles at GlaxoSmithKline. Dane graduated summa cum laude from Lehigh University with a B.S. in Bioengineering and later earned an MBA from the NYU Stern School of Business. 

    Dane’s proven track record of defining and executing M&A strategies makes him well-suited to lead Allentown’s corporate development efforts. “We’re excited to use Dane’s skill set and experience to help identify strategic opportunities to accelerate Allentown’s current growth. Everyone in the Allentown and Aterian families are excited about the possibilities,” said the CEO of Allentown, John M. Coiro.

    Allentown recently partnered with Aterian Investment Partners, a private equity firm that manages approximately $1.5 billion of committed capital and invests in industry-leading, middle-market businesses. In collaboration with management, Aterian supports investments throughout an organization, from people to processes, equipment, technology, and social governance, among other areas.

    “Our partnership with Aterian could not be going any more smoothly. We’re aligned in our goals and strategic direction and look forward to further expanding Allentown’s abilities to service our long-standing and new customers in the biomedical research field,” reported Coiro.

    For over 50 years, Allentown has been a leader in providing critical global solutions to the biomedical research community. Allentown is known for its leading high-quality equipment and advanced vivarium systems that continue to define and exceed industry standards.