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Lp First Capital And Genesis Park Acquire Fastest Labs

Lp First Capital And Genesis Park Acquire Fastest Labs

04/18/23, 4:57 PM
Industry
angel investment
venture capital
finance
financial services
angel investment
venture capital
finance
financial services
angel investment
venture capital
financial services
Fastest Labs, a leading nationwide provider of drug, alcohol, and DNA testing services based in San Antonio, today announced its acquisition by LP First Capital and Genesis Park. This partnership will provide Fastest Labs with the resources and support necessary to accelerate growth, expand its footprint, and enhance the company's overall offerings to customers and franchisees.

Company Info

Company
First Capital
Company info
LP First Capital is a business services focused private equity firm that specializes in partnering with family-owned, founder-led businesses to help them achieve their full potential. By providing capital, operational expertise, and strategic guidance, LP First Capital helps provide the support and tools needed to grow and develop its portfolio companies. The firm's experienced team of industry professionals is dedicated to driving value and generating superior returns for all stakeholders.
Company
Genesis Park
Company info
Genesis Park is a Houston-based private credit and equity investment firm. Its current investment fund, GP Capital Partners, LP, is licensed as a Small Business Investment Company ("SBIC") by the U.S. Small Business Administration. Genesis Park supports growth and later stage lower middle market businesses through flexible debt and equity capital solutions and strategic guidance. Genesis Park generally targets companies with at least $10 million of revenue and $2 million of EBITDA, with proven business models and seasoned management teams. Managed by four experienced investment professionals with broad regional relationships, Genesis Park is committed to partnering with the companies and management teams in which it invests to facilitate growth, transition, and success. For more information, visit www.genesis-park.com. Boxwood Partners served as the exclusive financial advisor to Fastest Labs FOR MORE INFORMATION: LP First Capital Joe Denham, Managing Director, Joe@lpfristcapital.com SOURCE LP First Capital