Spectrum Lab Network Is Sold to Equity Investor

One of three original health system owners continues to hold equity in new company

CEO SUMMARY: Timing of the sale of Spectrum Laboratory Network to Apax Partners, L.P. was unexpected, but it’s been known for some time that the fast-growing regional laboratory was entertaining purchase offers. Under new ownership and with ready access to ample capital, Spectrum is optimistic that it can sustain its rapid rate of growth while …

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