Sonic Healthcare Acquires Dr. Risch in Switzerland

Sonic Healthcare Acquires Dr. Risch in Switzerland

by | Mar 22, 2024 2:44 pm | Laboratories, MRI & Dialysis

Sonic Healthcare announced this week that it agreed to pay CHF 117 million (approximately $131.7 million USD) for the acquisition of Dr. Risch.  Dr. Risch is a Switzerland-based second-generation family business. Since its founding in 1970, the laboratory has developed into a leading partner in the field of laboratory medicine diagnostics and today has 16 networked competence centers in Switzerland and Liechtenstein. The company has about 650 employees.  Founded in 1987, Sonic Healthcare is a global medical diagnostics company providing laboratory, pathology and radiology services. It has a presence in Australia, New Zealand, United States, United Kingdom, Germany, Switzerland,... Read More »
Aurora Diagnostics Gets an Australian Owner

Aurora Diagnostics Gets an Australian Owner

by | Dec 28, 2018 9:12 am | Laboratories, MRI & Dialysis, Private Equity

Aurora Diagnostics, founded and funded by Summit Partners since 2006, has been acquired by Sonic Healthcare (ASX: SHL), a global medical diagnostics company based in Macquarie Park, New South Wales, Australia, for $540 million. Aurora is a specialized laboratory company focused on anatomical pathology. It employs 1,200 staff, including approximately 220 pathologists, at 32 laboratories in 19 states. The labs process approximately 2.5 million accessions per year, received from about 23,000 referring physicians and through more than 100 hospital contracts across the country. According to Sonic, Aurora generated pro forma revenue of approximately $310 million (A$431 million) and pro forma... Read More »