Agilent Technologies Acquires Biocare Medical

March 9, 2026

Agilent Technologies entered into a definitive agreement to acquire Biocare Medical, a global provider of clinical and research pathology solutions, for $950 million in an all-cash transaction. The acquisition expands Agilent’s pathology portfolio—particularly in immunohistochemistry (IHC)—and is expected to be accretive to Agilent’s top-line growth rate, margin profile, and non-instrument revenue mix in Year 1.

Targets
Biocare Medical
Sellers
Investor group led by Excellere Partners, GHO Capital Partners LLP
Industry
Medical Devices
Location
California, United States
Transaction Type
Buyout

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