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New Deal


Announced

Discovery Life Sciences to acquire QualTek Molecular Laboratories.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Biotechnology

Pending

Acquisition

Single Bidder

Private

Friendly

biotechnology company

Majority

Synopsis

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Discovery Life Sciences, a research biobank located in Los Osos, California, agreed to acquire QualTek Molecular Laboratories, which specializes in immunohistochemistry. Financial terms were not disclosed. QualTek's acquisition significantly augments Discovery's existing histopathology services and creates a uniquely powerful suite of solutions that include one of the world's largest commercial biorepositories and biospecimen procurement networks, the HudsonAlpha Discovery sequencing and bioinformatics laboratory, and innovative flow cytometry and cell-based laboratory services.

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