Troutman Pepper Locke advised SSI Diagnostica Group (SSI), a global leading developer and manufacturer of infectious disease diagnostic solutions, in its acquisition of Gulf Coast Scientific and its subsidiaries, ARJ Medical and Allora Diagnostics. The acquisition further strengthens SSI’s gastrointestinal disease testing portfolio, allowing the company to support its reference and hospital lab customers in the U.S. and beyond with a broader range of highly specialized products. Jointly, the group company will consist of nearly 600 employees across sites in Denmark, the U.S., and China. The combined company will have a total revenue of approximately $125 million.
The Troutman Pepper Locke team that advised SSI was led by James Rosener, Deborah Spranger, Erica Stalnecker Wilson, Samantha Peruto, Chelsea MacArthur, Valentina Rivera, and Phoebe Cooper.