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New Deal


Announced

Completed

Quest Diagnostics completed the acquisition of Northern Light Laboratory from Northern Light 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

Acquisition

Health Care Services

Friendly

Majority

Private

Single Bidder

laboratory services

Domestic

Completed

Synopsis

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Quest Diagnostics, a provider of diagnostic information services, completed the acquisition of Northern Light Laboratory, an outreach laboratory services business of Northern Light Health, a large integrated healthcare system in Maine. Financial terms were not disclosed. "Diagnostic testing is a highly specialized and rapidly evolving area of medicine. By collaborating with Quest Diagnostics, the industry leader, Northern Light Health positions itself to deliver the highest level of diagnostic innovation, service and affordability while energizing our core focus on patient care," Timothy J. Dentry, Northern Light President and CEO.

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