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MedTest DX, Inc.; Enhanced Equity Fund
Enhanced Equity Fund and James White Invest in MedTest DX, Inc.
June 5th, 2011
Enhanced Equity Fund (EEF), a healthcare-focused private equity firm, and executive James White announced their investment in MedTest DX, Inc. (MedTest), a medical diagnostic company based in Cortlandt Manor, NY. MedTest was created to purchase the chemistry diagnostics business from Polymedco, Inc. The transaction was led by Mark Tricolli, a Partner of EEF. Terms were not disclosed.
"EEF is committed to building a leading platform in the medical diagnostics industry and our investment in MedTest represents an attractive initial asset from which to grow both organically and through acquisitions," said Mr. Tricolli. He added, "We are excited to partner with James White, who...
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Source: Investment Business Weekly (2011-06-05)