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DW Healthcare Partners sells one of its companies
0 Comments | Deseret News (Salt Lake City), Mar 4, 2008
DW Healthcare Partners, based in Salt Lake City, said Monday that it has sold one of its portfolio companies, NWT Inc., to Laboratory Corp. of America Holdings.
Financial terms were not disclosed, although private equity firm DW Healthcare said the deal generated a return for its investors of about 6.9 times invested capital.
NWT, known as Tandem Labs, is a Salt Lake-based bioanalytical and immunoanalytical contract research organization.
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Laboratory Corp. is a clinical laboratory business based in North Carolina. It has a facility in Salt Lake.
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