M&A Deal Summary

Quest Diagnostics Acquires Boyce and Bynum Pathology Laboratories - Clinical Laboratory Services Business

On November 27, 2018, Quest Diagnostics acquired life science company Boyce and Bynum Pathology Laboratories - Clinical Laboratory Services Business from Boyce and Bynum Pathology Laboratories

Acquisition Highlights
  • This is Quest Diagnostics’ 10th transaction in the Life Science sector.
  • This is Quest Diagnostics’ 30th transaction in the United States.
  • This is Quest Diagnostics’ 1st transaction in Missouri.

M&A Deal Summary

Date 2018-11-27
Target Boyce and Bynum Pathology Laboratories - Clinical Laboratory Services Business
Sector Life Science
Buyer(s) Quest Diagnostics
Sellers(s) Boyce and Bynum Pathology Laboratories
Deal Type Divestiture

Target

Boyce and Bynum Pathology Laboratories - Clinical Laboratory Services Business

Columbia, Missouri, United States
Boyce and Bynum Pathology Laboratories (BBPL) - Clinical Laboratory Services Business provider of diagnostic and clinical laboratory services in the Midwest.

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Buyer(S) 1

Buyer

Quest Diagnostics

Secaucus, New Jersey, United States

Category Company
Founded 1967
Sector Healthcare Services
Employees50,000
Revenue 9.3B USD (2023)
DESCRIPTION

Quest Diagnostics is a provider of diagnostic information services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic information services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics was founded in 1967 and is based in Secaucus, New Jersey.


DEAL STATS #
Overall 31 of 38
Sector (Life Science) 10 of 13
Type (Divestiture) 10 of 11
State (Missouri) 1 of 1
Country (United States) 30 of 35
Year (2018) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 Hurley Medical Center - Outreach Laboratory Services

Michigan, United States

Hurley Medical Center - Outreach Laboratory Services is a provider of a diagnostic services in Central Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-22 Blueprint Genetics Oy

Espoo, Finland

Blueprint Genetics Oy provides superior genetic diagnostics and clinical interpretation of hereditary diseases with high quality, fast lead time and exceptional cost-efficiency. Blueprint Genetics Oy was established in 2012 and is based in Espoo, Finland.

Buy -

Seller(S) 1

SELLER

Boyce and Bynum Pathology Laboratories

Columbia, Missouri, United States

Category Company
Founded 1965
Sector Life Science
DESCRIPTION

Boyce and Bynum Pathology Laboratories (BBPL) is the largest, private anatomic, clinical and molecular pathology reference laboratory in the Midwest, offering a full spectrum of routine and esoteric clinical tests and anatomic procedures and operating under the directorship of multi-specialty pathologists who are committed to serving the needs of the hospitals, specialty clinics, physician offices, long-term care facilities, and communities that we serve.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1