M&A Deal Summary

LabCorp Acquires Allied Clinical Laboratories

On May 4, 1995, LabCorp acquired life science company Allied Clinical Laboratories

Acquisition Highlights
  • This is LabCorp’s 1st transaction in the Life Science sector.
  • This is LabCorp’s 1st transaction in the United States.
  • This is LabCorp’s 1st transaction in Delaware.

M&A Deal Summary
Date 1995-05-04
Target Allied Clinical Laboratories
Sector Life Science
Buyer(s) LabCorp
Deal Type Add-on Acquisition

Target

Allied Clinical Laboratories

Wilmington, Delaware, United States
Allied Clinical Laboratories, Inc. is a provider of testing services to physicians, hospitals, and health care providers.

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Buyer(S) 1

Buyer

LabCorp

Burlington, North Carolina, United States
Category Company
Sector Test/Measurement Equipment
Employees67,000
Revenue 12.2B USD (2023)
DESCRIPTION
LabCorp's corporate headquarters in downtown Burlington, North Carolina.
LabCorp's corporate headquarters in downtown Burlington, North Carolina.

LabCorp of America Holdings is a provider of medical laboratory tests and services through a national network of primary clinical laboratories and specialty testing laboratories. LabCorp is based in Burlington, North Carolina.

DEAL STATS #
Overall 1 of 44
Sector (Life Science) 1 of 21
Type (Add-on Acquisition) 1 of 28
State (Delaware) 1 of 1
Country (United States) 1 of 42
Year (1995) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-01 National Genetics Institute

Los Angeles, California, United States

National Genetics Institute is a clinical laboratory, provides genetics testing services for blood screening, medical testing, and clinical research.

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