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Cholestech acquires testing company Health Net

Executive Summary

To grow its business to include internet access to cholesterol assessment information, point-of-care diagnostics manufacturer Cholestech has acquired cholesterol testing services company Health Net for $2.2mm in cash, $300k in stock, a promissory note of $500k, plus a potential $1mm earnout based on certain milestones.
Deal Industry
  • In Vitro Diagnostics
  • Services
  • In Vitro Diagnostics
    • Glucose Testing
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Includes Earnout
    • Payment Includes Cash
    • Payment Includes Stock

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