The assets of
LIFE RESOURCES, INC.
have been acquired by Her Majesty’s Department of Health of the United Kingdom
The undersigned represented Life Resources Inc. in connection with the sale
Sale to the UK Department of Health
- Life Resources, Inc. (“LRI”) was the largest independent source blood plasma collection company in the United States.
- LRI engaged Scura Partners to find a buyer of its business when LRI’s principals desired liquidity but wanted to maintain operational control of the business for a meaningful period of time.
- We were able to structure a transaction with the British Government that provided a large upfront payment and meaningful incentive payments for LRI’s principals while allowing the principals to maintain complete control over day-to-day operations.
- The ultimate purchase price we were able secure was 2 times industry average on a per plasma collection center basis.