NeoGenomics - M&A Summary and Business Overview

Life ScienceCompany

NeoGenomics M&A Summary

NeoGenomics has acquired 7 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms.

NeoGenomics’ largest acquisition to date was in 2021, when it acquired Inivata for $390M. NeoGenomics has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include healthcare services (50%) and chemicals (17%).

NeoGenomics Business Overview

Where is NeoGenomics headquartered?

NeoGenomics is headquartered in Fort Myers, Florida.

What is NeoGenomics’ revenue?

NeoGenomics disclosed revenue of 510M USD for 2022 and 484M USD for 2021.

How many employees does NeoGenomics have?

NeoGenomics has 2,100 employees.

What sector is NeoGenomics in?

NeoGenomics is a life science company.

When was NeoGenomics founded?

NeoGenomics was founded in 2001.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 4

NeoGenomics

NeoGenomics, Inc.

9490 NeoGenomics Way,
Fort Myers, Florida 33912
United States,
(239) 768-0600
www.neogenomics.com

NeoGenomics is a clinical laboratory that specializes in cancer genetics diagnostic testing. The company’s testing services include cytogenetics, fluorescence in-situ hybridization (FISH), flow cytometry, immunohistochemistry, anatomic pathology and molecular genetic testing. NeoGenomics was founded in 2001 and is based in Fort Myers, Florida.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 3 - 3 - - - 6
vol $407M $455M $862M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Delf (UK) Ltd. 2021-12-01 - Add-on Acquisition
Wirral, United Kingdom · www.delf-uk.com
Inivata Ltd. 2021-05-05 390M USD Add-on Acquisition
Cambridge, United Kingdom · www.inivata.com
Intervention Insights, Inc. 2021-03-24 65M USD Add-on Acquisition
Grand Rapids, Michigan · www.interventioninsights.com
Genoptix, Inc. 2018-10-23 126M USD Add-on Acquisition
Carlsbad, California · www.genoptix.com
Clarient, Inc. 2015-12-30 275M USD Divestiture
Aliso Viejo, California · www.clarientinc.com
Path Logic, Inc. 2014-07-08 6M USD Add-on Acquisition
Carmichael, California · www.pathlogic.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 3 (50%) 407M (47%) - -
Chemicals 1 (17%) - - -
Information Services 1 (17%) 65M (8%) - -
Life Science 1 (17%) 390M (45%) - -
Total 6 $862M - -

By Geo

State/Country Buy Value Sell Value
United States 4 472M - -
  California 3 407M - -
  Michigan 1 65M - -
United Kingdom 2 390M - -
Domestic 4 (67%) 472M (55%) - -
Cross-border 2 (33%) 390M (45%) - -
Total 6 $862M - -

Top M&A Advisors

Financial Deals
Goldman Sachs
1
Leerink Partners LLC
1
Legal Deals
Ropes & Gray
1
K&L Gates LLP
1

Deal Values

buy # Total
$100M to $1B 3 $791M
< $100M 2 $71M
TOTAL $862M
Largest Inivata Ltd.
$390M (2021-05-05)

M&A Connections

Deals
Acquired from
Investor(s)
33%
2 (33%)
Strategic(s)
17%
1 (17%)

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