Core Insights - Biocare Medical has entered into an agreement to be acquired by Agilent Technologies in an all-cash transaction valued at $950 million, following significant growth under the ownership of Excellere Partners and GHO Capital [1][7] Company Growth and Performance - Since 2021, Biocare has achieved annual double-digit revenue and profitability growth by strengthening its core immunohistochemistry (IHC) business and expanding into molecular diagnostics through acquisitions [2] - Biocare has developed into a recognized specialist in IHC, in situ hybridization (ISH), and fluorescence in situ hybridization (FISH), with strong commercial, regulatory, and R&D capabilities [2] Strategic Alignment and Future Prospects - The acquisition aligns with Agilent's focus on life sciences and diagnostics, particularly in cancer diagnostics, and is expected to enhance the complementary capabilities of both companies [3] - Biocare aims to leverage Agilent's global reach and resources to unlock greater market access, enhance customer support, and accelerate innovation [4] Leadership and Support - Excellere Partners and GHO Capital expressed gratitude for the opportunity to support Biocare's growth, emphasizing their role in applying a growth playbook and leveraging industry expertise [4] - Luis de Luzuriaga, CEO of Biocare, highlighted the acquisition as a milestone that will expand operational scale and enhance service levels for customers [4] Advisory Roles - Jefferies is serving as the exclusive financial advisor to Excellere Partners and GHO Capital, while Barclays is the financial advisor to Agilent [5]

biocare@icrhealthcare.comIndustry:- Technology- Health Technology- Medical Devices- Health- Oncology- Research- Software- Science### Agilent Technologies Inc.NYSE:ADetailsHeadquarters: Santa Clara, California, USAWebsite: www.agilent.comCEO: Padraig McDonnellEmployees: 18000Organization: PUB--- Release Agilent to Acquire Biocare Medical, a Global Leader in Clinical and Research Pathology SolutionsMar 9, 2026 3:00 AM Eastern Daylight Time# Agilent to Acquire Biocare Medical, a Global Leader in Clinical and R ...