M&A
confidence high
sentiment neutral
materiality 0.70
Fulgent Genetics, Inc. (FLGT): M&A transaction — Fulgent Genetics completes acquisitions of Bako Diagnostics and StrataDx for ~$56.9M cash
Fulgent Genetics, Inc.
- Total combined purchase price approximately $56.9 million in cash, subject to post-closing adjustments.
- StrataDx acquired for ~$13.5M cash; Bako Diagnostics assets acquired for ~$43.4M cash.
- Acquisition includes lease assignment for 29,099 sq ft lab/office in Alpharetta, GA through July 2032.
- Advisors: Piper Sandler and Mintz Levin for Fulgent; EV Health Partners and Latham & Watkins for sellers.
- Transaction originally announced Dec 22, 2025; closed March 17, 2026.