GHO Capital Partners' European footprint set it apart from other bidders vying for lab informatics playerLab informatics needs a tech revamp, with most processes remaining paper-based as legacy systems continue to dominate the market. With GHO's backing to scale it, Sapio may emerge as a formidable player.
The company's Laboratory Information Management Systems, or LIMS, enable researchers to track results, search for sample information, follow samples through various protocols and examine analytical results — all in one place.GHO's European footprint will drive major growth for the company in the region, GHO says.
GHO said it may "selectively look at strategic add-ons for Sapio" but said the firm is mostly focused on investments in R&D and continuing to expand its customer base.