Centers Laboratory LLC Acquires Medical Laboratory Diagnostics (MedLabs) from Caymus Equity Partners

Labcorp Acquires MLM Medical Labs

September 8, 2026

Healthcare Services

Labcorp acquired MLM Medical Labs, a global central and specialty laboratory provider serving clinical trials and biopharmaceutical companies. The acquisition expands Labcorp’s international laboratory footprint and strengthens its biomarker and specialty testing capabilities; Great Point Partners sold its portfolio company.

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.

Audax Private Equity and Linden Capital Partners Acquire StatLab Medical Products

January 12, 2021

Medical Devices

Audax Private Equity and Linden Capital Partners have acquired StatLab Medical Products, a McKinney, Texas-based manufacturer and distributor of histology, cytology and immunohistochemistry consumables, reagents, and equipment. The deal — a purchase from Cressey & Company LP — positions StatLab for accelerated organic growth and buy-and-build activity to expand its product suite and customer base.

MLM Medical Labs Acquires MD Biosciences, Inc.

October 27, 2020

Healthcare Services

MLM Medical Labs, a Great Point Partners portfolio company, has acquired MD Biosciences, Inc., an Oakdale, Minnesota-based provider of preclinical, translational and clinical-phase contract research services. The deal expands MLM's U.S. footprint and adds immunohistochemistry, preclinical research and histopathology capabilities to its global laboratory platform as part of an integration with recent U.S. additions such as CirQuest Labs.

MLM Medical Labs Acquires CirQuest Labs

July 9, 2020

Healthcare Services

MLM Medical Labs, a Great Point Partners portfolio company, acquired Memphis-based CirQuest Labs to establish a U.S. presence and create a globally integrated central lab platform. CirQuest — a specialist in assay development, biomarker testing, and central lab services for drug development — will join MLM’s global operations and its founder, Dr. Lisa K. Jennings, will take on a scientific leadership role.

Medical Laboratory Diagnostics (MedLabs) Acquires Mercy Diagnostics

April 1, 2019

Healthcare Services

Caymus Equity Partners’ portfolio company Medical Laboratory Diagnostics, LLC (MedLabs) acquired Mercy Diagnostics, Inc., a Mount Laurel, New Jersey clinical diagnostics laboratory. The add-on transaction closed on April 24, 2019 and is MedLabs’ first strategic acquisition since the company’s majority recapitalization in March 2018.