GTCR Acquires Majority Stake in Lab Operator PathGroup.
MANews-(C)2009-2022
Chicago, US-based private equity firm GTCR has made a majority investment in Tennessee-based independent laboratory PathGroup Holdings LLC in partnership with founder and CEO Ben Davis, MD and the PathGroup management team, the company said.
The terms of the transaction were not disclosed.
Pritzker Private Capital and Vesey Street Capital Partners will also retain a minority ownership stake in the company alongside GTCR and the PathGroup management team.
PathGroup provides anatomic pathology, digital pathology, molecular diagnostic, and clinical testing services to physician groups and hospital systems across the Southeast and Midwest.
PathGroup supports more than 4,000 physician practices and more than 200 hospital customers with diversified lab testing services, high-touch customer service and fast...
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