M&A Deal Summary

P4 Diagnostix Laboratory Network Acquires Strand Diagnostics

On February 11, 2020, P4 Diagnostix Laboratory Network acquired information technology company Strand Diagnostics

Acquisition Highlights
  • This is P4 Diagnostix Laboratory Network’s 1st transaction in the Information Technology sector.
  • This is P4 Diagnostix Laboratory Network’s 2nd transaction in the United States.
  • This is P4 Diagnostix Laboratory Network’s 1st transaction in Indiana.

M&A Deal Summary

Date 2020-02-11
Target Strand Diagnostics
Sector Information Technology
Buyer(s) P4 Diagnostix Laboratory Network
Deal Type Add-on Acquisition

Target

Strand Diagnostics

Indianapolis, Indiana, United States
Strand Diagnostics LLC is a provider of know error® system. The company offers UroSeq® germline testing that can be used in accordance with NCCN guidelines for patients with advanced prostate cancer. Strand Diagnostics is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

P4 Diagnostix Laboratory Network

United States

Category Company
Sector Life Science
DESCRIPTION

P4 Diagnostix Laboratory Network is comprised of four laboratory companies, including Theranostix, Inc. (Beltsville, MD and Brick, NJ), Long Island Pathology, Inc. (East Setauket, NY), Platinum Pathology, LLC (Glen Allen, VA) and Metamark Laboratories, Inc. (Augusta, GA). P4 represents a progressive pathway in healthcare focused on predictive, preventative, personalized and participatory medical practice, beyond diagnosing and treating disease. P4 has multiple centers of excellence: molecular diagnostics, urology, gastroenterology, dermatology, women's health, podiatry, and general surgical pathology.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 Metamark Laboratories

Waltham, Massachusetts, United States

Metamark Laboratories, Inc. is a provider of urology testing services.

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