Our client base is a representation of our experiences – broad. We’ve worked in individual provider offices, globally recognized healthcare systems, and everything in between.
As the healthcare M&A industry professionals, we’ve been able to realize transactions for our clients far exceeding self-run and healthcare-focused investment banking processes.
Stanford was losing $1,000,000 per week on their venture lab business when
they engaged Colab. We quickly identified the most valuable assets and
jettisoned the business to a strategic buyer for more than $30,000,000.
colab’s competitve difference:
Executed a rapid 90-day turnaround transforming an unprofitable business into a lucrative asset.
Deal Length
6 mos
Palo Alto, CA
Acquired By
Strategic
Labcorp brought in Colab to diligence and integrate Ascension’s hospital lab business across 90+ hospitals in 10 states. As one of the largest integrated hospital systems in the country, our intimate understanding of regional laboratory differences were crucial to a successful acquisition.
colab’s competitve difference:
Borrow on decades of clinical laboratory experience to rapidly visit and evaluate 90+ hospital laboratories.
Deal Length
18 mos
St. Louis, MO
Acquired By
Strategic
After facing massive cost pressure from a competing, strategic-owned outreach program, this large hospital system engaged Colab to run a competitive process. After identifying the a partner, Legacy has sold its outreach program and implemented an MSA for its hospital businesses.
colab’s competitve difference:
Detailed knowledge of Legacy’s business from a prior engagement helped mobilize a deal to remedy the system’s financial hardship.
Deal Length
9 mos
Pacific Northwest
Acquired By
Strategic
Outreach lab owned by a community hospital needed money to compete with for-profit entrants. After a comprehensive process, the business – losing significant money – was purchased for the highest multiple ever paid for a clinical lab.
colab’s competitve difference:
Deep insight into laboratory technologies and efficiencies crucial to conveying true asset value.
Deal Length
4 mos
Naples, FL
Acquired By
Strategic
After conducting significant diligence, it was determined UofM’s cost were twice market standard and unsustainable. With significant annual volumes, the proper strategic fit was critical to facilitate the smooth transition and realize cost savings.
colab’s competitve difference:
Strong reputation amongst academic medical centers and experience socializing significant operational changes.
Deal Length
4 mos
Miami, FL
Acquired By
Strategic
This academic medical system is looking to sell its outreach lab operations to fund core asset investment and outsource its inpatient operations to a seasoned operator.
colab’s competitve difference:
Previous experience bundling a transaction and MSA together borrowing on in-house lab operation expertise
Deal Length
6 mos
Northeast
Acquired By
Strategic
ConVerge Diagnostic Services needed an acquirer capable of helping grow their reference laboratory and expand its innovative women’s health testing across the New England region. A PE partner was selected for aggressive capital.
colab’s competitve difference:
Exceptional knowledge on the Women’s health industry in the Northeast, strong relationship with PE Firms.
Deal Length
3 mos
Peabody, MA
Acquired By
Private Equity Firm