Add-on Acquisition • Business Services

Flagship Acquires ManagedLab Services

On May 8, 2023, Flagship acquired business services company ManagedLab Services

Acquisition Context
  • This is Flagship’s 1st transaction in the Business Services sector.
  • This is Flagship’s 2nd transaction in the United States.
  • This is Flagship’s 2nd transaction in California.

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M&A Deal Summary

Date May 8, 2023
Target ManagedLab Services
Sector Business Services
Buyer(s) Flagship
Deal Type Add-on Acquisition

Target Company

ManagedLab Services

San Diego, California, United States
ManagedLab Services is a lab services company, that delivers cutting-edge laboratory support solutions to keep labs operating optimally. The company's primary services include vendor-managed inventory, lab support, project management, and IT operations. ManagedLab Services is based in San Diego, California.
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Buyer Overview 1

Buyer

Flagship

Southlake, Texas, United States

Category Company
Sector Business Services
DESCRIPTION

Flagship creates and maintains safe and healthy facilities for customers. Whether its facility maintenance for business, manufacturing, Biotech, private education, or high tech's Class-A campuses, the company offers a comprehensive portfolio of facilities services available on an à la carte basis, including janitorial, building engineering, HVAC, and boiler maintenance, project and vendor management, environmental health and safety services, mechanical/electrical/plumbing, space management, and culinary services, for organizations throughout the U.S. and Canada. Flagship is based in Southlake, Texas.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: California 2 of 2
Country: United States 2 of 2
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-17 Biotechnical Services

San Diego, California, United States

Biotechnical Services is an independent sales and service company that provides calibration, repair, validation, and maintenance on a wide variety of laboratory equipment. BTS offers the best in quality lab equipment services to keep its customers' laboratory equipment online so they can focus on experimentation and manufacturing. Biotechnical Services currently services San Diego, San Francisco, and Los Angeles as well as Arizona, Nevada, and Utah.

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