Versant Diagnostics Acquires Two Chicago-Area Pathology Practices

July 11, 2022

Versant Diagnostics, a PE-backed independent physician services company, acquired Pathology Consultants of Chicago and the operating assets of Elgin Laboratory Physicians to expand its footprint in the greater-Chicago market. The deals (Versant's third and fourth acquisitions in nine months) support the company's strategy to consolidate pathology practices and accelerate digital pathology conversion with growth capital backing from Iron Path Capital and financing support from Principal.

Buyers
Versant Diagnostics, Iron Path Capital, Principal Global (Principal Financial Group)
Targets
Pathology Consultants of Chicago, Elgin Laboratory Physicians, Ltd.
Platforms
Versant Diagnostics
Location
Illinois, United States
Transaction Type
Addon

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