M&A Deal Summary

Quest Diagnostics Acquires Mid America Clinical Laboratories

On August 3, 2020, Quest Diagnostics acquired healthcare services company Mid America Clinical Laboratories

Acquisition Highlights
  • This is Quest Diagnostics’ 19th transaction in the Healthcare Services sector.
  • This is Quest Diagnostics’ 31st transaction in the United States.
  • This is Quest Diagnostics’ 1st transaction in Indiana.

M&A Deal Summary

Date 2020-08-03
Target Mid America Clinical Laboratories
Sector Healthcare Services
Buyer(s) Quest Diagnostics
Deal Type Add-on Acquisition

Target

Mid America Clinical Laboratories

Indianapolis, Indiana, United States
Mid America Clinical Laboratories offer a full range of laboratory services in over 30 Patient Care Centers in Indiana. Mid America Clinical Laboratories has over 30 Patient Service Centers conveniently located throughout central Indiana, positioned to provide easy access near home or physician.

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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 33 of 38
Sector (Healthcare Services) 19 of 22
Type (Add-on Acquisition) 22 of 26
State (Indiana) 1 of 1
Country (United States) 31 of 35
Year (2020) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 Labtech Diagnostics

Anderson, South Carolina, United States

Labtech Diagnostics is an independent clinical diagnostic laboratory provider serving physicians and patients primarily in South and North Carolina, Georgia and Florida. Labtech Diagnostics is based in Anderson, South Carolina.

Buy -