Martis Capital announced today that it has acquired a majority interest in Lighthouse Lab Services, alongside current investors NaviMed Capital and the Company’s management team. Headquartered in Charlotte, North Carolina, Lighthouse is an end-to-end provider of turnkey lab build-out and management services to clinical labs across the United States. The Company provides a comprehensive suite of solutions across outsourced lab management, consulting, recruiting, supply chain management, compliance, equipment sales and more. Lighthouse serves over 1,000 laboratory clients including physician office labs, reference labs, and hospital labs.
Mark Roth, CEO of Lighthouse Lab Services, commented, “This is a tremendous milestone for the entire Lighthouse team. We are thrilled to have the opportunity to work with Martis Capital to advance our mission and help laboratories across the country start, run, and grow quality testing operations.”
“The Martis Capital team is very proud to join Lighthouse Lab Services in their journey and support the mission to continuously improve patient access by bringing high quality diagnostic testing closer to the point of care.” Mario Moreno, a Partner at Martis, also commented, “We at Martis Capital are thrilled to partner with such a strong team and support Lighthouse’s service quality and innovation in the diagnostic laboratory end-market by providing high value to patients, providers, and payors alike.”
Financial terms have not been disclosed.
About Lighthouse Lab Services
Lighthouse Lab Services provides an end-to-end suite of services enabling customers to start, run, and grow their clinical labs. Service offerings include assistance with licensure and compliance with accreditation requirements, scientific method development and validation for a variety of applications ranging from toxicology to infectious disease, recruitment of Lab Directors and other lab staff, as well as ongoing operational support. The Company boasts a deep bench of Ph.D. and masters-level analytical chemists, pharmacologists, toxicologists, and laboratory scientists, as well as experienced teams specializing in recruiting and staffing for labs. Lighthouse is headquartered in Charlotte, North Carolina. Learn more at www.lighthouselabservices.com.
About Martis Capital
Martis Capital is a private equity firm focused exclusively on the healthcare industry. The Martis team manages more than $1.3 billion of equity capital and is currently investing out of its third fund. With offices in San Francisco, CA, and Washington, DC, Martis seeks to invest in middle-market, growth-oriented companies that provide innovative and cost-effective products and services within targeted segments of the North American healthcare industry. For more information, please visit www.martiscapital.com or follow us on LinkedIn https://www.linkedin.com/company/martis-capital.