M&A Deal Summary

LabCorp Acquires Bode Technology Group

On December 5, 2014, LabCorp acquired life science company Bode Technology Group from SolutionPoint International

Acquisition Highlights
  • This is LabCorp’s 16th transaction in the Life Science sector.
  • This is LabCorp’s 22nd transaction in the United States.
  • This is LabCorp’s 1st transaction in Virginia.

M&A Deal Summary

Date 2014-12-05
Target Bode Technology Group
Sector Life Science
Buyer(s) LabCorp
Sellers(s) SolutionPoint International
Deal Type Divestiture

Target

Bode Technology Group

Lorton, Virginia, United States
Bode Technology Group, Inc. is a provider of forensic DNA analysis, DNA collection products, and research services to law enforcement agencies, Federal and state governments, crime laboratories, and disaster management organizations in the United States and internationally.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 24 of 44
Sector (Life Science) 16 of 21
Type (Divestiture) 5 of 15
State (Virginia) 1 of 1
Country (United States) 22 of 42
Year (2014) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 Covance

Princeton, New Jersey, United States

Covance is a drug development company and a provider in nutritional analysis, is dedicated to advancing healthcare and delivering Solutions Made Real. Covance was founded in 1987 and is based in Princeton, New Jersey.

Buy $6.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-23 International Food Network

Ithaca, New York, United States

International Food Network (IFN) is a consulting firm providing product development services from initial idea generation through commercialization.

Buy -

Seller(S) 1

SELLER

SolutionPoint International

New York, New York, United States

Category Company
Sector Business Services
DESCRIPTION

SolutionPoint International, Inc. provides an integrated array of business intelligence, security and compliance, identity assurance and situational awareness.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-30 Bode Technology Group

Lorton, Virginia, United States

Bode Technology Group, Inc. is a provider of forensic DNA analysis, DNA collection products, and research services to law enforcement agencies, Federal and state governments, crime laboratories, and disaster management organizations in the United States and internationally.

Buy -