The strategic partnership will accelerate the next phase of growth for the business
Gurgaon-based SRL Diagnostics has completed the acquisition of NCR-based Lifeline Laboratory. The strategic partnership will accelerate the next phase of growth for the business.
Wodehouse Capital was the exclusive financial advisor to Lifeline Laboratory and adds yet another transaction in the diagnostic & pathology vertical of its Healthcare practice. They were assisted by Khaitan & Co, as the legal advisor to the sellers.
Lifeline Laboratory, led by Dr. Angeli Misra and Dr. Asha Bhatnagar is one of NCR’s oldest and most respected pathology laboratories. It offers an entire range of pathology tests and services including FISH, Karyotyping, Molecular Oncology, Immunofluorescence, Immunohistochemistry, Infectious molecular testing including multiplex PCR and Frozen Section using latest technology. Dr Angeli Misra, Partner, Lifeline Laboratory believes this strategic partnership would accelerate the next phase of growth for the overall business. Dr Angeli Misra, Partner, Lifeline Laboratory is delighted that their brand provides immense synergies and is a natural fit for SRL’s extensive network. She states, “Under SRL’s management, I am confident that Lifeline shall have a wider market reach and recall in an otherwise crowded segment.”
Misra stated, “Under SRL’s management, I am confident that Lifeline shall have a wider market reach and recall in an otherwise crowded segment.”
