Divestiture • Life Science

Precision Bioservices Acquires SeraCare - BioServices business

On December 1, 2012, Precision Bioservices acquired life science company SeraCare - BioServices business from SeraCare Life Sciences

Acquisition Context
  • This is Precision Bioservices’ 1st transaction in the Life Science sector.
  • This is Precision Bioservices’ 1st transaction in the United States.

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M&A Deal Summary

Date December 1, 2012
Target SeraCare - BioServices business
Sector Life Science
Buyer(s) Precision Bioservices
Sellers(s) SeraCare Life Sciences
Deal Type Divestiture

Target Company

SeraCare - BioServices business

United States
SeraCare Life Sciences - biorepository, biobanking and laboratory services business.
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Buyer Overview 1

Buyer

Precision Bioservices

Frederick, Maryland, United States

Category Company
Sector Life Science
DESCRIPTION

Precision provides PBMCs and highly purified subsets such as CD34+ cells, Monocytes, NK Cells, T-Cells and B-cells. Cells are extensively characterized and available immediately from our large inventory of more than 50 donors with different demographics and HLA types.


Deal Context for Buyer #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2012 1 of 1

Seller Profile 1

SELLER

SeraCare Life Sciences

Milford, Massachusetts, United States

Category Company
Founded 1984
Sector Life Science
Employees193
Revenue 11M USD (2013)
DESCRIPTION

SeraCare Life Sciences, Inc. provides an innovative portfolio of diagnostic controls, plasma-derived reagents and molecular biomarkers used in the discovery, production, and clinical application of a variety of in vitro diagnostics. SeraCare’s global customer base includes in-vitro diagnostics assay developers and manufacturers, clinical laboratories, pharmaceutical companies, and proficiency providers.


Deal Context for Seller #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2012 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-19 Kirkegaard & Perry Laboratories

Gaithersburg, Maryland, United States

Kirkegaard & Perry Laboratories, Inc. products are now part of SeraCare Life Sciences, a provider of critical biological products to the in vitro diagnostics industry.

Buy -