M&A Deal Summary

Principle Health Systems Acquires TelosPgx

On December 9, 2024, Principle Health Systems acquired healthcare services company TelosPgx

Acquisition Highlights
  • This is Principle Health Systems’ 2nd transaction in the Healthcare Services sector.
  • This is Principle Health Systems’ 2nd transaction in the United States.
  • This is Principle Health Systems’ 2nd transaction in Texas.

M&A Deal Summary
Date 2024-12-09
Target TelosPgx
Sector Healthcare Services
Buyer(s) Principle Health Systems
Deal Type Add-on Acquisition

Target

TelosPgx

Addison, Texas, United States
TelosPgx provides pharmacogenetic testing solutions in the LTC market. Telos PGX empowers healthcare providers to make informed medication decisions, improving patient outcomes and reducing healthcare costs. TelosPgx is based in Addison, Texas.

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Buyer(S) 1

Buyer

Principle Health Systems

Houston, Texas, United States
Category Company
Sector Healthcare Services
DESCRIPTION

Principle Health Systems is a health care services provider serving the laboratory needs for a diverse customer base, including long term care providers with over 2,000 provider relationships in Texas. Principle also operates three pain management clinics with a long-term history of alleviating pain for patients through its spine and pain practice. Principle Health Systems is based in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-20 BioStat

Addison, Texas, United States

BioStat is a laboratory that provides comprehensive laboratory testing and mobile imaging around the clock. This enables providers to improve patient care by dramatically reducing the time to confirm the diagnosis. BioStat is based in Addison, Texas.

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