Ropes Helps Metalmark In Bostwick Labs Takeover

Law360, New York (October 25, 2011, 11:54 AM EDT) -- Private equity firm Metalmark Capital Holdings LLC acquired a majority stake in Bostwick Laboratories Inc., a urology-focused laboratory services provider, to expand the company's work in monitoring and diagnosing diseases such as prostate cancer, Bostwick said Tuesday.

Bostwick's founder and CEO David G. Bostwick will remain a major shareholder in the laboratories, the company said in a statement. The parties did not disclose terms of the deal and did not immediately respond to request for comment Tuesday.

“This investment will provide the capital we need to pursue our...
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