BioIVT Acquires Tennessee Blood Services

April 4, 2022

BioIVT acquired Tennessee Blood Services (TBS), a commercial blood bank and donor center based in Memphis, Tennessee. The acquisition expands BioIVT’s donor network and increases its capacity and control over fresh whole blood, plasma, serum and red blood cell supplies for drug and diagnostic development; financial terms were not disclosed.

Buyers
BioIVT
Targets
Tennessee Blood Services
Sellers
Harold Stamey, Robert Stamey, Steve Stamey, Chris Stamey
Location
Tennessee, United States
Transaction Type
Buyout

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