StoneCalibre Affiliate Acquires In-Vitro Diagnostics Products Provider Alpha-Tec Systems
(Thomson Reuters ONE) -
StoneCalibre Affiliate Acquires In-Vitro Diagnostics Products Provider Alpha-Tec
Systems
Industry: Life Sciences
LOS ANGELES, CA--(Marketwired - July 19, 2017) - StoneCalibre is pleased to
announce that one of its affiliates has completed the acquisition of Alpha-Tec
Systems, Inc., a Vancouver, WA based provider of in-vitro diagnostic products
utilized by clinical laboratories in the disciplines of mycobacteriology,
parasitology, bacteriology and mycology.
"We are pleased to welcome Alpha-Tec to the StoneCalibre family," said Brian
Wall, Founder and Chief Executive Officer of StoneCalibre. "Alpha-Tec has
maintained a first-class reputation in the mycobacteriology space for over 35
years. We are excited to partner with a Company that enables the global medical
community to accurately diagnose and timely treat infectious diseases, such as
latent tuberculosis, to help elevate the quality of human life."
Founded in 1979, Alpha-Tec is the leading provider of proprietary digestion,
decontamination, neutralization and other sample preparation products for
mycobacteria diagnostics that improve laboratory test results and are compatible
with a variety of downstream testing methodologies. Alpha-Tec is well-respected
in the marketplace for its high-quality products as well as its exceptional
customer service.
"Alpha-Tec serves a valuable customer base that includes the top hospital,
reference and public health laboratories across the United States and abroad,"
said Usman Shakeel, Vice President of StoneCalibre. "We see actionable
opportunities for the Company to grow organically and via add-on acquisitions to
better serve the clinical lab space."
"Alpha-Tec has a proud history of being a family-run business and as we move
toward the next phase in the Company's evolution, it is important for us to
partner with someone who understands our history and shares in our vision for
Alpha-Tec's future," said Chris Williams, Chief Executive Officer of Alpha-Tec.
"We are very excited to partner with StoneCalibre and its affiliates in the life
sciences industry based on their knowledge of the space, operational resources
and geographic reach which will contribute toward accelerating Alpha-Tec's
growth going forward and advance our broader mission of improving patient care
through diagnostics."
About StoneCalibre
Headquartered in Los Angeles, CA, StoneCalibre is a private investment company
specializing in the acquisition of lower middle market companies. Founded by
Brian Wall in 2012, StoneCalibre is focused on making investments in both
special situations and quality long-term capital investment opportunities. For
more information please visit our website at www.stonecalibre.com.
For more information please contact:
Nick Matzke
Business Development
StoneCalibre, LLC
Phone: (310) 774-0376
Fax: (310) 427-7448
nmatzke(at)stonecalibre.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: StoneCalibre Investments LLC via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 19.07.2017 - 15:00 Uhr
Sprache: Deutsch
News-ID 553003
Anzahl Zeichen: 3664
contact information:
Town:
Los Angeles, CA
Kategorie:
Business News
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