Wildcat DX Acquires Navis Clinical Laboratories
Dover, Delaware-based Wildcat DX, LLC announced on December 6 that it acquired a 100% stake in Navis Clinical Laboratories. Navis Clinical Laboratories, headquartered in Franklin, Tennessee, provides laboratory testing solutions tailored for healthcare providers who treat patients with substance use disorder, chronic pain, mental health conditions and other chronic health conditions. The company was founded in 2023. Wildcat DX has a large portfolio of healthcare companies, which include: Encore Wound Care, one of the largest mobile wound care practices in the country, servicing long term care facilities across several states; Encore Surgical Supplies which is a post... Read More »
Life Sciences Giants Face Growth and Challenges in Q3 2024 Earnings
On October 22, 2024, Quest Diagnostics and Danaher Corp. released their third-quarter earnings reports, offering a glimpse into the performance and challenges faced by these two major players in the Life Sciences market. Quest Diagnostics In Q3 2024, Quest Diagnostics reported revenues of $2.49 billion, an 8.5% increase compared to the prior year. While the adjusted earnings per share (EPS) of $2.30 beat analyst expectations of $2.26, the company’s operating income saw a slight decline of 3.3% compared to the same period last year. This mixed performance suggests that while Quest is successfully growing revenue through various initiatives, there are underlying challenges impacting... Read More »
Fullscript Buys San Francisco-Based Rupa Health
Toronto, Canada-based Fullscript has announced the acquisition of Rupa Health, a San Francisco, California-based company that helps practitioners order, track and manage more than 3,000 laboratory tests in a single interface. Launched in 2020, Rupa Health’s platform modernizes the logistics of lab work by integrating test ordering, results management and patient communication for clinics across the United States. This makes it easier for healthcare providers to access a wide range of diagnostic tools and deliver more personalized care. Today, the company serves tens of thousands of clinics. Founded in 2011, Fullscript provides supplement delivery and virtual care tools for integrative... Read More »
Solis Mammography Enters Louisiana With Breast Center of Acadiana Acquisition
Solis Mammography announced on October 9 its acquisition of Breast Center of Acadiana in South Louisiana. Founded in 2008, Breast Center of Acadiana provides patients with an advanced standard of care through two dedicated screening and diagnostic breast radiology imaging locations in Lafayette and Youngsville, Louisiana. Solis Mammography, a portfolio company of Chicago, Illinois-based private equity firm Madison Dearborn Partners since August 2018, is the largest independent provider of mammography and breast health services in the United States with more than 135 centers. The acquisition of Breast Center of Acadiana marks Solis Mammography’s first venture in the state of Louisiana and... Read More »
Affinity Equity Partners Acquires Australian Diagnostic Imaging Provider for $658 Million
Hong Kong-based Affinity Equity Partners announced that it is acquiring radiology services provider Lumus Imaging from St Leonards, Australia-based healthcare company Healius Limited for A$965 million (approximately $658 million USD). Lumus Imaging is a Sydney, Australia-based diagnostic imaging company. It is made up of a team of radiographers, sonographers, nuclear medicine technologists and nurses. It has more than 2,000 diagnostic imaging experts and support staff across 135 sites across Australia. Affinity Equity Partners is one of the largest Asian private equity firms in the world, with more than $14 billion in assets under management. It was founded in 1998. Healius expects to net... Read More »Schedule a demo
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