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Healthcare Integrated Diagnostics Solutions sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Healthcare Integrated Diagnostics Solutions

1.1 - About Healthcare Integrated Diagnostics Solutions sector

Companies in the Healthcare Integrated Diagnostics Solutions category design and supply end‑to‑end in vitro diagnostic systems spanning instruments, reagents, software, and services. They enable hospitals and labs to run broad test menus across chemistry, immunoassay, molecular, and point‑of‑care workflows with unified connectivity and quality management. Strategic buyers in diagnostics pursue these platforms to standardize testing, improve turnaround times, and scale efficiently across multi-site clinical laboratory networks.

Offerings typically include clinical chemistry and immunoassay analyzers integrated with automation, sample handling, and middleware; molecular diagnostics platforms for PCR and NGS panels; point‑of‑care testing devices for acute and ambulatory settings; and comprehensive LIS solutions with HL7 and FHIR interfaces. Vendors complement hardware with reagents, quality control and proficiency testing programs, remote instrument monitoring, service contracts, and analytics that support utilization tracking and result interpretation.

Primary customers include hospital laboratories and integrated health systems, national reference labs, and physician office labs. These solutions help consolidate vendor footprints, expand test menus, reduce cost per test, and shorten turnaround times while improving diagnostic accuracy and regulatory compliance. Organizations also benefit from standardized workflows across sites, better instrument uptime, and interoperable data exchange with EHRs and public health reporting.

2. Buyers in the Healthcare Integrated Diagnostics Solutions sector

2.1 Top strategic acquirers of Healthcare Integrated Diagnostics Solutions companies

Millennium Health Logo

Millennium Health

HQ: United States Website
  • Description: Provider of accredited specialty laboratory services delivering urine and oral fluid drug testing, medication monitoring and data intelligence via its Intellium® platform, enabling clinicians nationwide to detect over 100 drugs, interpret results and identify usage trends to improve patient care.
  • Key Products:
  • Urine Drug Testing: Provides definitive detection of more than 100 drugs and metabolites from urine samples, supplying objective data for medication monitoring and prescribing decisions
  • Oral Fluid Drug Testing: Provides medication monitoring using oral fluid testing, giving clinicians objective data on prescription adherence and illicit drug use for informed treatment decisions
  • Intellium® Platform: Integrated platform that manages drug testing and delivers data intelligence, evaluating results to uncover usage trends and guide resource allocation and overdose prevention efforts
  • Comprehensive Drug Test Reports: Produce easy-to-read summaries of results, supplying clinicians with clear, actionable insights that support medication monitoring, compliance evaluation, and clinical decision-making
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Healthcare Integrated Diagnostics Solutions sector

M&A buyer group 1: In Vitro Diagnostics

47 companies View group →
Description: Companies in Life Sciences In Vitro Diagnostics Solutions provide clinical testing products and lab services that detect, stratify, and monitor disease using molecular, genomic, and immunoassay technologies. They develop and run NGS-based tumor profiling, gene expression assays, blood-based risk tests, metabolomics panels, and rapid point-of-care kits, supported by ISO13485 manufacturing and regulated lab operations, enabling precise diagnoses, therapy selection, and scalable screening across oncology and other indications.
OPKO Health

OPKO Health

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of next-generation healthcare solutions, OPKO Health develops and markets therapies for serious diseases worldwide, leveraging global operating businesses and partnerships to create novel multispecific medicines for cancer and infectious diseases.
  • Key Products:
  • Marketed Therapies: Portfolio of approved treatments distributed worldwide through commercial partnerships, providing patients with established therapeutic options for serious diseases across multiple global markets
  • Multispecific Cancer Medicines (in development): Novel multispecific drug candidates designed to target multiple cancer pathways simultaneously, aiming to improve efficacy and patient outcomes in oncology
  • Multispecific Infectious Disease Medicines (in development): Next-generation therapeutics engineered to act on multiple targets within pathogens, pursuing enhanced effectiveness against complex infectious diseases
  • Global Operating Businesses: Integrated healthcare operations in the U.S.
  • Mexico
  • Chile
  • Spain
  • Ireland and Israel that generate stable profits and support R&D, including manufacturing, distribution and commercialization capabilities for OPKO’s therapies.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Healthcare Integrated Diagnostics Solutions sector

3.1 - Buyout funds in the Healthcare Integrated Diagnostics Solutions sector

Buyout Funds investing in Healthcare Integrated Diagnostics Solutions companies

51+ funds
Description: Buyout funds focused on Healthcare Integrated Diagnostics Solutions companies globally.

GHO Capital

Website HQ: United Kingdom
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Healthcare Integrated Diagnostics Solutions
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Healthcare Integrated Diagnostics Solutions sector

Growth Equity Funds in Healthcare Integrated Diagnostics Solutions companies

41+ funds
Description: Growth equity funds focused on Healthcare Integrated Diagnostics Solutions companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Healthcare Integrated Diagnostics Solutions
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Healthcare Integrated Diagnostics Solutions companies

4.2 - Public trading comparable groups for Healthcare Integrated Diagnostics Solutions sector

Description: Companies in this public trading comparables group provide clinical laboratory and molecular diagnostics, including lab-based testing, oncology assays, and point-of-care devices. Revenue is driven by fee-for-service testing, test panels, device sales, and managed lab services. They are grouped together as valuation benchmarks due to shared regulatory and reimbursement dynamics, similar clinical workflows, common demand drivers (screening and monitoring), and overlapping payer and provider customer bases.
Labcorp logo

Labcorp

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of comprehensive clinical laboratory and drug development services, harnessing science for human good with a wide range of diagnostic tests, specialty testing services, and research support globally.
  • Key Products:
  • Diagnostic Testing: Wide range of diagnostic tests for various conditions
  • Specialty Testing: Advanced gene-based and esoteric testing
  • Drug Development Services: Comprehensive services for drug development and clinical trials
  • Health Screenings: Wellness, pediatric, COVID-19 antibody testing
  • Labcorp OnDemand: At-home test kits and monitoring solutions
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Healthcare Integrated Diagnostics Solutions sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Healthcare Integrated Diagnostics Solutions sector

Who are the top strategic acquirers of Healthcare Integrated Diagnostics Solutions companies?

Top strategic buyers in this sector include Millennium Health, a provider of accredited specialty laboratory services delivering urine and oral fluid drug testing, medication monitoring and data intelligence via its intellium® platform, enabling clinicians nationwide to detect over 100 drugs, interpret results and identify usage trends to improve patient care. .

Which buyer groups are most relevant for Healthcare Integrated Diagnostics Solutions companies?

Relevant strategic buyer groups similar to the Healthcare Integrated Diagnostics Solutions sector include In Vitro Diagnostics because they share similar customer segments and product capabilities.

Financial Investors in Healthcare Integrated Diagnostics Solutions sector

Which are the top PE firms investing in Healthcare Integrated Diagnostics Solutions companies?

Potential investors in the broader Healthcare Integrated Diagnostics Solutions space include Summit Partners and GHO Capital.

Who are the top buyout funds acquiring Healthcare Integrated Diagnostics Solutions companies?

Active PE funds and buyout funds acquiring companies in the Healthcare Integrated Diagnostics Solutions space include GHO Capital.

Who are the top growth equity funds investing in Healthcare Integrated Diagnostics Solutions companies?

Growth funds investing in the broader Healthcare Integrated Diagnostics Solutions sector include Summit Partners.

Valuation of Companies in Healthcare Integrated Diagnostics Solutions sector

Which are the key public companies that are relevant trading comps for Healthcare Integrated Diagnostics Solutions companies?

Key trading comparable groups include Labcorp, a provider of comprehensive clinical laboratory and drug development services, harnessing science for human good with a wide range of diagnostic tests, specialty testing services, and research support globally..

Which are the key trading comparable groups for Healthcare Integrated Diagnostics Solutions companies?

Similar trading comparable companies include Clinical and Molecular Diagnostics Companies. Our platform tracks detailed trading comparable groups in the Healthcare Integrated Diagnostics Solutions sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Healthcare Integrated Diagnostics Solutions sector?

Our platform tracks M&A transactions in the Healthcare Integrated Diagnostics Solutions sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Healthcare Integrated Diagnostics Solutions?

Access recent funding rounds in the Healthcare Integrated Diagnostics Solutions sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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