PCP-Backed MedAxio Sold to Gamma-Dynacare
Posted on: January 10, 2013 by Kirk FalconerNo Comments »
Persistence Capital Partners (PCP), a private equity firm focused on the healthcare sector, sold its portfolio company MedAxio Insurance Medical Services, Inc. to Gamma-Dynacare Medical Laboratories, Inc., a Canadian subsidiary of the US-based LabCorp. The financial terms of the transaction were not disclosed. The Montréal, Québec-based MedAxio, which provides medical information services to the life insurance industry, was acquired by PCP in 2008.





