Salt Creek Capital recently announced the acquisition of Real Diagnostics (RealDx).
RealDx, founded in 2014 and based in Reisterstown, Maryland, is a specialist diagnostic laboratory that delivers disease-specific testing solutions primarily to small and mid-sized specialty physician offices and clinics.
Salt Creek, founded in 2009 and based in Woodside, California, is a private equity firm that invests in the lower middle market across healthcare and other industries. The firm pursues a variety of investment types in U.S. and Canadian companies with EBITDA or annual cash flow greater than $750,000 and up to $20 million.
Terms of the acquisition were not disclosed.