Main Street Clinical Laboratory, Inc

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Main Street Clinical Laboratory, Inc - overview

Established

2009

Location

Southaven, MS, US

Primary Industry

Healthcare

About

Main Street Clinical Laboratory, Inc is a provider of essential diagnostic services, focusing on delivering accurate and timely laboratory results to healthcare providers and their patients. Main Street Clinical Laboratory, Inc specializes in laboratory diagnostic services. Founded in 2009, the company is headquartered in Southaven, US. Mark Vines is both the Founder and CEO, with a background that underscores his expertise in the field.


The firm was acquired by Schryver Medical in July 2015, although specific financial terms were not disclosed. The primary offering of Main Street Clinical Laboratory, Inc includes a range of diagnostic testing services that cater to healthcare providers. These services are crucial for patient care, allowing for comprehensive health assessments through various laboratory tests that are essential for effective diagnosis and treatment planning. The revenue model for Main Street Clinical Laboratory, Inc is primarily based on the fees charged for diagnostic services provided to healthcare entities.


The firm operates on a fee-for-service basis, generating revenue through direct transactions with healthcare providers who depend on the accuracy and reliability of its laboratory results. Looking ahead, Main Street Clinical Laboratory, Inc plans to introduce new diagnostic tests designed to meet emerging healthcare needs, with targeted launch dates to be announced in the coming quarters. Additionally, the company is exploring opportunities to expand its service reach into new geographic regions, specifically targeting markets in the southeastern US by 2025. The acquisition by Schryver Medical in July 2015 will facilitate these growth initiatives by providing necessary resources and support to enhance service offerings and operational capacity.


Current Investors

Schryver Medical, Inc.

Primary Industry

Healthcare

Sub Industries

Diagnostic, Medical & Imaging Laboratories

Website

www.mainstreetlab.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Main Street Clinical Laboratory, Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMain Street Clinical Laboratory, Inc-

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