M&A Deal Summary

CVF Capital Partners Acquires Cordant Health Solutions Toxicology Direct Bill

On April 10, 2024, mezzanine finance firm CVF Capital Partners acquired life science company Cordant Health Solutions Toxicology Direct Bill from Cordant Health Solutions

Acquisition Highlights
  • This is CVF Capital Partners’ 1st transaction in the Life Science sector.
  • This is CVF Capital Partners’ 29th transaction in the United States.
  • This is CVF Capital Partners’ 2nd transaction in Colorado.

M&A Deal Summary

Date 2024-04-10
Target Cordant Health Solutions Toxicology Direct Bill
Sector Life Science
Buyer(s) CVF Capital Partners
Sellers(s) Cordant Health Solutions
Deal Type Divestiture

Target

Cordant Health Solutions Toxicology Direct Bill

Denver, Colorado, United States
Cordant Health Solutions' Toxicology Direct Bill provides drug testing and lab services for parole agencies, probation, and drug courts as well as medication-assisted and abstinence clinics.

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Buyer(S) 1

Buyer

CVF Capital Partners

Davis, California, United States

Investor Investor Investor Investor Investor

website


Category Mezzanine Finance Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

CVF Capital Partners is a private investment firm created to provide growth capital for small to mid-sized businesses located in the California Central Valley. CVF looks to commit $3 to $15 million of capital in the form of mezzanine debt to companies with revenues of 5 million, and at least $1 million of cash-flow. CVF funds are generally used to support business expansions, acquisitions, or to refinance. CVF was formed by the principals of Gael Partners. CVF Capital Partners was founded in 2005 and is based in Davis, California.


DEAL STATS #
Overall 29 of 29
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 2 of 2
Country (United States) 29 of 29
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-10 Cordant Health Solutions

Denver, Colorado, United States

Cordant Health Solutions is a provider of behavioral healthcare and medication monitoring services, offering laboratory testing and pharmacy services to help clinicians and other stakeholders coordinate and optimize the care of individuals afflicted with substance use disorders, mental health conditions or chronic pain. Cordant Health Solutions was founded in 2012 and is based in Denver, Colorado.

Buy -

Seller(S) 1

SELLER

Cordant Health Solutions

Denver, Colorado, United States

website


Category Company
Founded 2012
Sector Healthcare Services
DESCRIPTION

Cordant Health Solutions is a provider of behavioral healthcare and medication monitoring services, offering laboratory testing and pharmacy services to help clinicians and other stakeholders coordinate and optimize the care of individuals afflicted with substance use disorders, mental health conditions or chronic pain. Cordant Health Solutions was founded in 2012 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1