SRL Diagnostics acquires NCR-based Lifeline Laboratory

The strategic partnership will accelerate the next phase of growth for the business

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Gurgaon-based SRL Diagnostics has completed the acquisition of NCR-based Lifeline Laboratory. The strategic partnership will accelerate the next phase of growth for the business.
 
Wodehouse Capital was the exclusive financial advisor to Lifeline Laboratory and adds yet another transaction in the diagnostic & pathology vertical of its Healthcare practice. They were assisted by Khaitan & Co, as the legal advisor to the sellers.
 
Lifeline Laboratory led by Dr Angeli Misra and Dr Asha Bhatnagar is one of NCR’s oldest and most respected pathology laboratories.

Misra stated, "Under SRL’s management, I am confident that Lifeline shall have a wider market reach and recall in an otherwise crowded segment."

Published on : 12th April, 2023