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New Deal


Announced

Completed

LP First Capital and Genesis Park completed the acquisition of Fastest Labs.

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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Acquisition

Private Equity

drug testing

United States

Domestic

Completed

Friendly

Single Bidder

Biotechnology

Private

Majority

Synopsis

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LP First Capital, a private investment firm, and Genesis Park, an investment firm, completed the acquisition of Fastest Labs, a nationwide provider of drug, alcohol, and DNA testing services. Financial terms were not disclosed. "Fastest Labs has shown tremendous potential and is a perfect fit for our business services platform. We are excited to work closely with Dave Claflin and his team to expand the company's reach and enhance its offerings to better serve the needs of our customers," Thomas Ince, LP First Capital Managing Director and Founder.

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