Caymus Equity Partners LLC (“Caymus Equity”) announced the sale of its portfolio company, Medical Laboratory Diagnostics, LLC (“MedLabs” or the “Company”) to Centers Laboratory LLC. The sale, which closed on September 16, 2019, marks the third complete exit for Caymus Equity Partners.
Headquartered in Cedar Knolls, NJ, MedLabs is a leading independent clinical diagnostics laboratory operating out of 26 patient service centers and offering more than 400 tests to over 3,000 physician customers. Through sixty-seven years of providing exceptional service, MedLabs has developed a large, comprehensive menu of laboratory-developed, esoteric, STAT and routine tests supporting a wide range of client types including family medicine, OB/GYN, holistic medicine and infectious disease offices.