Overview
On September 14, 2010, Crosstree Capital Partners announced the sale of FirstSource Laboratory Solutions (FirstSource) to Laboratory Corporation of America Holdings (LabCorp).
Based in Fishers, Indiana, Firstsource is a full-service diagnostic laboratory with an extensive Ob/Gyn client base across the region.
Significance
The acquisition complements LabCorp’s prior purchase of DCL Medical Laboratories in the same region and strengthens their national women’s health franchise.
Crosstree’s Role
Crosstree Capital Partners served as exclusive financial advisor to FirstSource Laboratory Solutions.
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