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New Deal


Announced

Completed

Labcorp completed the acquisition of Ovia Health.

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

Completed

Private

Majority

healthcare technology

Friendly

Health Care Services

healthcare platform

Acquisition

Single Bidder

Domestic

testing inspection and certification

Synopsis

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Labcorp, an independent clinical laboratory, completed the acquisition of Ovia Health, a developer of a digital healthcare platform. Financial terms were not disclosed. "Patients, doctors and health systems are increasingly using digital health solutions to inform health care and treatment options. We’re excited to expand our leadership in women’s health solutions by bringing Ovia Health’s trusted health content and easy-to-use digital platforms to our patients and customers. We welcome Ovia Health’s innovative and dedicated team to Labcorp and look forward to bringing the combination of our strengths in women’s health to our customers," Brian Caveney, Labcorp Chief Medical Officer and President.

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