NEW YORK (GenomeWeb) – DNA testing services provider DNA Diagnostics Center announced that it has acquired All About Truth DNA Services, a provider of DNA testing based in Plantation, Florida.
Terms of the deal were not disclosed.
All About Truth specializes in AABB-certified immigration DNA testing, biological family relationship DNA testing, prenatal DNA testing, and forensic DNA testing. Under the terms of the deal, DNA Diagnostics will acquire all of All About Truth's assets, including its existing physical plant and equipment, and will retain existing employees.
"We see the opportunity for significant growth of DNA testing services in the greater South Florida region," said DNA Diagnostics President and CEO Connie Hallquist in a statement.
DNA Diagnostics, which is based in Ohio and the UK, added that this is the first of what are expected to be several acquisitions of regional DNA testing services providers. The company was itself acquired by private equity firm GHO Capital in October 2015 for €104 million ($118 million).