M&A Deal Summary

LabCorp Acquires LifeLabs Business and Operations in Quebec

On March 28, 2012, LabCorp acquired healthcare services company LifeLabs Business and Operations in Quebec from LifeLabs

Acquisition Highlights
  • This is LabCorp’s 6th transaction in the Healthcare Services sector.
  • This is LabCorp’s 2nd transaction in Canada.
  • This is LabCorp’s 1st transaction in Quebec.

M&A Deal Summary
Date 2012-03-28
Target LifeLabs Business and Operations in Quebec
Sector Healthcare Services
Buyer(s) LabCorp
Sellers(s) LifeLabs
Deal Type Divestiture

Target

LifeLabs Business and Operations in Quebec

Quebec, Canada
LifeLabs, Business and Operations in Quebec comprise laboratory testing and Patient Services Centre services.

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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 18 of 44
Sector (Healthcare Services) 6 of 13
Type (Divestiture) 2 of 15
State (Quebec) 1 of 1
Country (Canada) 2 of 2
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-16 Orchid Cellmark

Princeton, New Jersey, United States

Orchid Cellmark, Inc., is a provider of DNA testing services primarily for forensic and family relationship applications. Orchid Cellmark is provider of forensic DNA testing services and its DNA results are used by the criminal justice system to assist with the identification of perpetrators, the exclusion of suspects and the exoneration of wrongfully convicted individuals.

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-01 MEDTOX Scientific

Saint Paul, Minnesota, United States

MEDTOX Scientific, Inc., is a provider of high quality specialized laboratory testing services and on-site/point-of-collection testing (POCT) devices. The Company also supports customers with complete logistics, data and program management services.

Buy $241M

Seller(S) 1

SELLER

LifeLabs

Toronto, Ontario, Canada
Category Company
Sector Life Science
DESCRIPTION

LifeLabs is a provider of more than 50 million laboratary tests to over 10 million patients and nearly 20,000 physicians across Canada. LifeLabs is based in Toronto, Canada.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-30 CML Healthcare

Mississauga, Ontario, Canada

CML Healthcare, Inc. is a provider of medical laboratory testing and diagnostic imaging services in Canada.

Buy -
Mergr

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