Strata Pathology Services, Inc., a Lexington, Massachusetts-based independent anatomic pathology laboratory, has received an investment of undisclosed amount from healthcare private equity firm Linden.
The company intends to use the proceeds to expand its offering to more physicians nationally. In conjunction with the transaction, Linden Operating Partner Richard Novak, will serve as chairman of Strata.
Founded in 1984, the company offers anatomic pathology services in the dermatology, urology, podiatry, oral pathology, gastroenterology and gynecology segments. Strata, which serves clients ranging from major regional hospitals to small independent physician practices in more than 40 states, has recently added a number of international customers. It has additional facilities in Cambridge, Massachusetts, and more than 100 employees.
Robin Kirby, M.D., is co-founder and medical director of the company.