TPG completes acquisition of Quest Labs for S$279 mil

-A +A

SINGAPORE (Aug 17): TPG Capital Asia, the Asian investment platform of global alternative asset firm TPG, has today completed its acquisition of Quest Laboratories, a Singapore-based medical laboratory.

This acquisition is a part of TPG’s A$279 million (S$279 million) purchase of Healthscope Limited’s Asian pathology laboratories that operate under the brand “Quest Laboratories” in Singapore and Vietnam, as well as “Gribbles Pathology” in Malaysia.

Quest Laboratories is a full-service private laboratory, which is to be dually accredited by the College of American Pathologists and the Singapore Accreditation Council. It also serves...(click on link for full story on theedgesingapore.com)