Selling? What Group Labs Want from You

The pandemic prompted many laboratory owners to think about what they really want out of their business and their future. Some are considering an earlier-than-previously expected retirement date; if you’re one of them, here’s some advice about selling to a group laboratory.

While there are a number of exit routes you can take—including merging with another laboratory or selling to employees, family members, a partner or competitor—probably the most recognizable potential buyers are the group laboratories. They offer sellers the opportunity for liquidity and access to the resources and administrative functions of a larger organization as well as a means to continue their legacy.

LMT reached out to representatives from three big players in this arena: Apex Dental Laboratory Group, LLC (ADLG), National Dentex (NDX) and O2 Investment Partners (see below for more details). All three are in active acquisition mode and eager to share more about what they’re...