We represented Diatherix Laboratories, Inc. in its sale to Eurofins Scientific (EUFI.PA), the global leader in bio-analytical testing, for $50 million plus an earn-out upon achievement of pre-defined revenue and profitability targets.
Huntsville, Alabama-based Diatherix is an independent CLIA-certified lab serving healthcare providers with proprietary target-enriched multiplex PCR, or TEM-PCR, testing. Eurofins is a firm specializing in food and pharmaceutical testing, agroscience and central lab services.