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ATS Labs Acquires MicroTest Labs

ATS Labs of Eagan, MN, has bought MicroTest Labs of Agawam, MA, as part of its efforts to expand its microbiology and chemistry laboratory services, which are focused on the medical device and biopharmaceutical industries. The combined companies will soon be known as Accuratus Lab Services, according to an ATS news release. ATS officials expect that administrative functions will be consolidated, but the new company will continue to operate at its present locations in Minnesota and Massachusetts. Financial terms of the deal were not immediately disclosed. "The acquisition of MicroTest by ATS has been a long time in the making and I could not be more pleased about the future of the two companies and how they will combine to create the market leader in providing microbiology and analytical chemistry testing services," Steve Richter, PhD, CEO of MicroTest Labs, said in a news release. Tom Burnell, PhD, executive chairman of ATS added, "Like ATS, MicroTest has a strong reputation in the industries it serves, which is supported by long-standing client relationships. Leveraging the strengths of the two companies will only further enhance our ability to continuously exceed our client's expectations."

Refresh your medical device industry knowledge at MEDevice San Diego, September 10-11, 2014.
Ampersand Capital Partners owns a majority of ATS Labs.

Chris Newmarker is senior editor of MPMN and Qmed. Follow him on Twitter at @newmarker.

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