McColl Partners, LLC ("McColl Partners") acted as financial advisor to Bostwick Laboratories, Inc. ("Bostwick Laboratories" or the "Company") in its majority recapitalization with Metalmark Capital Holdings, LLC ("Metalmark Capital"), a private equity investment firm established by the principals of Morgan Stanley Capital Partners ("MSCP"). Bostwick Laboratories is the largest provider of urologic anatomic pathology lab services in the United States and has a growing presence in the dermatology, gastroenterology, gynecology, nephrology, and hematology segments of the anatomic pathology market.
About Bostwick Laboratories, Inc.
Founded in 1999 by Dr. David Bostwick M.D., an internationally recognized expert in the field of urologic pathology, Bostwick Laboratories is one of the largest full-service, privately owned anatomic pathology labs in the United States. The Company currently provides testing services to over 8,000 physicians across all 50 states. Bostwick Laboratories has a leading market share within the urologic pathology lab testing industry and also provides testing services within other anatomic pathology sub-specialties, including gynecology, dermatology, gastroenterology, nephrology, and hematology. The Company maintains lab operations in Glen Allen, VA, Uniondale, NY, El Paso, TX and Orlando, FL. For more information, please visit www.bostwicklaboratories.com.
About Metalmark Capital Holdings, LLC
Metalmark Capital is a leading private equity firm whose principals have a long track record of successful investing in targeted sectors, with particular focus and competence in healthcare, energy and natural resources, and industrials. Metalmark Capital seeks to build long-term value through active and supportive partnerships with the companies and management teams in which it invests. Metalmark Capital is an investment center of Citi Capital Advisors. For more information, please visit www.metalmarkcapital.com.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with entrepreneurs, family-owned businesses, private equity groups, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about this transaction, please contact Dave Vorhoff, head of the Healthcare Group, at 704-333-0519 or Tom Spivey at 214-451-5201. For more information about opportunities from our Financial Sponsors Group, please contact Jamie Lewin at 214-451-5202. Additional information about McColl Partners can be found at www.mccollpartners.com.
