CPBS Holdings Acquired by Avantik

Choate represented Copley Equity Partners and its portfolio company, CPBS Holdings, in the sale of CPBS Holdings to Avantik, an integrated medical products and services provider to anatomic pathology, histology, and dermatology laboratories. CPBS Holdings is comprised of five regional providers specializing in diagnostic maintenance and repair services: Perkins BioMedical Services, Southeast Pathology Instrument Service, Southern Biomedical, Tech One Biomedical, and Hawkeye Biomedical.

With the addition of CPBS Holdings and another provider, Avantik more than doubles its geographic footprint, extending its service hubs into key markets across the United States. The CPBS Holdings companies will continue to serve customers under their current brands and structures as they transition to Avantik.