SSI Diagnostica Group Expands Portfolio via Gulf Coast Scientific Acquisition
Deal News | Apr 28, 2025 | Troutman Pepper Locke, LLP
SSI Diagnostica Group, a global developer and manufacturer specializing in infectious disease diagnostic solutions, has acquired Gulf Coast Scientific, along with its subsidiaries ARJ Medical and Allora Diagnostics. This strategic acquisition, facilitated with legal support from Troutman Pepper Locke, enhances SSI Diagnostica's offering in gastrointestinal disease diagnostics, and expands its footprint to better serve hospital and reference lab customers across the U.S. and internationally. The newly combined enterprise will bolster its workforce to nearly 600 employees across Denmark, the U.S., and China, culminating in a projected total revenue of approximately $125 million. Troutman Pepper Locke, a firm renowned for its comprehensive Legal care and life sciences expertise, provided critical legal advisement for this transaction, drawing upon a team of specialized attorneys led by James Rosener. The firm's extensive reach and specialization underscore its capacity to navigate and manage complex legal landscapes.
Sectors
- Healthcare & Life Sciences
- Legal Services
Geography
- United States – The acquisition includes Gulf Coast Scientific, which is based in the U.S., and the transaction expands SSI Diagnostica's market presence in this region.
- Denmark – SSI Diagnostica Group's headquarters and main operations are based in Denmark.
- China – Part of the combined company's employee base will be located in China, indicating its global reach.
Industry
- Healthcare & Life Sciences – The transaction involves companies specializing in diagnostic solutions for infectious diseases, catering to the healthcare sector.
- Legal Services – Troutman Pepper Locke, the legal advisor in this acquisition, operates predominantly within the legal services industry, providing advisory services across various sectors.
Financials
- 125 million – The projected total revenue of the combined companies post-acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SSI Diagnostica Group | Acquirer | Company | A global developer and manufacturer of infectious disease diagnostic solutions. |
| Gulf Coast Scientific | Target Company | Company | Company acquired by SSI Diagnostica, along with its subsidiaries ARJ Medical and Allora Diagnostics. |
| Troutman Pepper Locke, LLP | Legal Advisor | Company | The law firm that represented SSI Diagnostica in the acquisition, providing comprehensive legal services. |
| James Rosener | Lead Advisor | Person | Led the legal team at Troutman Pepper Locke advising SSI Diagnostica. |