Dynacare (a Labcorp company) Acquires Valley Medical Laboratories

MedVenture Health Acquires Canyon Labs

May 19, 2023

Healthcare Services

MedVenture Health, a Salt Lake City-based private investment firm focused on medical devices and life sciences, has acquired Canyon Labs, an FDA-approved regulatory and laboratory testing services provider. The acquisition adds regulatory testing, analytical and microbiological capabilities (in a 17,000-sf facility) to MedVenture's portfolio to support its companies and accelerate product development and compliance.

Quest Diagnostics Acquires LifeLabs from OMERS for CAN$1.35B

July 8, 2024

Healthcare Services

Quest Diagnostics has agreed to acquire LifeLabs from Canadian pension fund OMERS for approximately CAN$1.35 billion (approximately USD $985 million), including net debt. LifeLabs will retain its brand, Toronto-area headquarters, and management, and Quest expects the acquisition to expand its diagnostic footprint in Canada while enhancing service offerings and data security.

Labcorp Acquires Certain BioReference Health Laboratory Assets for $237.5M

March 28, 2024

Healthcare Services

Labcorp will acquire certain laboratory testing businesses and operating assets from Opko Health subsidiary BioReference Health for $237.5 million. The assets — which generate roughly $100 million in annual revenue — include patient service centers and select customer contracts across the U.S. (excluding New York and New Jersey); BioReference Health will retain its oncology and urology diagnostic businesses and full operations in New York and New Jersey. The transaction is expected to close in the second half of 2024, subject to customary conditions and regulatory approvals.

Calibre Scientific Acquires Dynalab Corp.

January 10, 2023

Manufacturing

Calibre Scientific has acquired Dynalab Corp., a Rochester, New York-based distributor and manufacturer of laboratory plastics, consumables, equipment and custom fabricated products. The deal marks Calibre Scientific's debut into the United States distribution market, expanding its product portfolio and North American distribution capabilities while creating cross-selling opportunities across its global platform.

Marketlab Acquires Assets of Medi‑Tech International Corporation

September 12, 2023

Medical Devices

Marketlab, a family-owned manufacturer of specialty healthcare products based in Caledonia, Michigan, has acquired the assets of Medi‑Tech International Corporation, a Brooklyn, New York‑based manufacturer of wound care, labor‑and‑delivery, and patient safety products. The acquisition expands Marketlab’s medical‑surgical and laboratory product portfolio and brings additional products, distribution partnerships, and GPO contracts into its offering to better serve IDNs and other healthcare customers.

Quest Diagnostics Acquires Labtech Diagnostics

December 14, 2021

Healthcare Services

Quest Diagnostics has acquired substantially all assets of Labtech Diagnostics, an independent clinical diagnostic laboratory based in Anderson, South Carolina. The acquisition brings Labtech into Quest’s national laboratory network — Quest’s first full-service laboratory in South Carolina — and expands Quest’s diagnostic capabilities and presence across the Southeast.