Announced
Completed
Financials
Tags
Acquisition
Private Equity
drug testing
United States
Domestic
Completed
Friendly
Single Bidder
Biotechnology
Private
Majority
Synopsis
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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