Pharos exits diagnostic tests provider TechLab

The buyer is SSI Diagnostica, which is backed by Adelis Equity.

  • Based in Copenhagen, SSI Diagnostica is a developer and manufacturer of diagnostics products
  • Lincoln International served as financial advisor and Gibson Dunn served as legal counsel to TechLab and Pharos on the transaction
  • Pharos initially invested in TechLab in September 2016

Pharos Capital Group has sold its stake in Blacksburg, Virginia-based TechLab, a maker of rapid, non-invasive diagnostic tests for infectious disease, intestinal inflammation, and parasitology.

Share this