Jeff Drummond and Alden Crow Advise Pathologists Bio-Medical Laboratories in Sale to PathGroup
Jackson Walker represented Pathologists Bio-Medical Laboratories (PBM) in the sale of its business to PathGroup, one of the nation’s largest private providers of pathology, clinical, and molecular laboratory services. The deal closed on May 1, 2019.
The combination of Nashville-based PathGroup and PBM will result in enhanced services and a broader menu of testing across their client base. The combined company will include more than 120 pathologists, representing every sub-specialty, creating one of the most comprehensive pathology networks in the country.
Based in Dallas, Pathologists Bio-Medical Laboratories is a physician-owned, independent pathology laboratory that provides technical, professional, consultative, and managerial services in pathology. The company serves the Baylor Healthcare System in Dallas, Garland, Grapevine, Plano, and Waxahachie, and also provides services to multiple surgical centers throughout North Texas and in various physician offices.
Representing PBM in the merger was a Jackson Walker team led by Jeffery P. Drummond and Alden S. Crow, with assistance from Ronald D. Kerridge, Chuck Campbell, David Schlottman, Joseph T. Guajardo, Ryan K. Holm, Alyca Riley, and Greta E. Cowart. To explore the Firm’s experience representing healthcare clients related to mergers, acquisitions, and divestitures, visit the Corporate & Securities and Healthcare practice pages.
Jeffery P. Drummond represents hospitals, physicians, laboratories, surgery centers, and other healthcare providers in transactional and regulatory matters. He is best known for his experience in HIPAA and medical record privacy, as well as other data privacy and security issues. Since 2002, Jeff has written a weblog on HIPAA matters at hipaablog.blogspot.com, and he regularly tweets about HIPAA @JeffDrummond. In recognition of his practice, Jeff has been recognized among The Best Lawyers in America in the area of Healthcare Law since 2018 and has been ranked in Texas for Healthcare by Chambers USA: America’s Leading Lawyers for Business.
Alden S. Crow handles all types of mergers, acquisitions, divestitures, and joint venture formations, and negotiates and settles business “divorces,” indemnification, and other transactional disputes. He has worked with clients in a broad range of industries and has developed particular experience assisting clients in the healthcare sector. In addition to his transactional practice, he represents family-owned businesses, entrepreneurs, and startup and emerging growth companies from the earliest stages of formation through significant liquidity events. Since 2018, D Magazine has recognized Alden among the “Best Lawyers in Dallas” in the area of Mergers & Acquisitions and as a “Best Lawyer Under 40.”