AB Private Credit Investors™ and its affiliates ("AB-PCI") provided, on a sole lender basis, a $55.0 million senior term loan backing NeoGenomics' acquisition of Clarient, Inc. from GE Healthcare.
Steven Jones, Executive Vice President, Finance, said "The AB-PCI team was commercial, responsive, knowledgeable in healthcare and moved swiftly to provide commitments in a rapid time frame ensuring smooth execution of the transaction. AB-PCI will remain an important strategic partner for us going forward."
NeoGenomics, Inc. is a leading provider of specialized and comprehensive cancer genetic testing services to hospitals, physicians, and the pharmaceutical industry through its network of CLIA-certified clinical laboratories.
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