Sterling Check Corp. acquired First Hospital Laboratories, Inc. from Vault Health, Inc. for $70 million.
Sterling Check Corp. (NasdaqGS:STER) completed the acquisition of First Hospital Laboratories, Inc. from Vault Health, Inc. for $70 million on January 2, 2024. The purchase price $70 million in which funded with $65 million of proceeds from the Revolving Credit Facility and available cash on hand and is subject to certain closing adjustments specified in the share purchase agreement.