M&A Deal Summary

Dynacare Laboratories Acquires Valley Medical Laboratories

On April 19, 2023, Dynacare Laboratories acquired life science company Valley Medical Laboratories

Acquisition Highlights
  • This is Dynacare Laboratories’ 1st transaction in the Life Science sector.
  • This is Dynacare Laboratories’ 1st transaction in Canada.
  • This is Dynacare Laboratories’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2023-04-19
Target Valley Medical Laboratories
Sector Life Science
Buyer(s) Dynacare Laboratories
Deal Type Add-on Acquisition

Target

Valley Medical Laboratories

Kelowna, British Columbia, Canada
Valley Medical Laboratories is a community-based medical laboratory serving the residents and health care providers of B.C.’s Okanagan Valley. It operates 14 locations serving patients across the Okanagan Valley (Osoyoos, Penticton, Peachland, West Kelowna, Kelowna, Winfield, Vernon, and Lumby). Valley Medical Laboratories was formed in 1969 and is headquartered in Kelowna, British Columbia.

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Buyer(S) 1

Buyer

Dynacare Laboratories

Dallas, Texas, United States
Category Company
Sector Life Science
Employees6,300
Revenue 238M USD (2001)
DESCRIPTION

Dynacare Laboratories, Inc. is a provider of clinical laboratory services in North America. Dynacare expertise in target regional markets and hospital partnerships allow the company to provide innovative and trusted clinical laboratory services to its clients, their patients and professional partners.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
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