LabCorp M&A Summary
LabCorp has acquired 47 companies, including 10 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 2 assets.
LabCorp’s largest acquisition to date was in 2014, when it acquired Covance for $6.2B. It’s largest disclosed sale occurred in 2018, when it sold Covance Food Solutions to Eurofins Scientific SE for $670M. LabCorp has acquired in 18 different US states, and 2 countries. The Company’s most targeted sectors include life science (46%) and healthcare services (31%).
M&A Summary
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M&A Total Activity48
- M&A Buy Activity46
- M&A Sell Activity2
- Total Sectors Invested 5
- Total Countries Invested 2
- M&A Buy/Sell Connections 26