Path-Tec has been merged with Lab Logistics

Path-Tec is a market leading provider of comprehensive specimen management services, offering labs a complete outsourced solution. Based in Midland, GA, the Company provides a suite of products and services including supply and kit management, inventory management, specimen and supply logistics, courier management and client management technology. By allowing customers to outsource critical supply and specimen logistics tasks enabled with technology, Path-Tec delivers valuable services to its customers. For more information, visit

Lincoln International acted as the exclusive investment banking advisor for Path-Tec, working closely with the company’s management team and shareholders throughout the sale process. This included creating a customized process strategy, developing the positioning, managing the buyer outreach, organizing due diligence, and negotiating the transaction.

“We are thrilled with the outcome Lincoln produced on this transaction. Lincoln’s knowledge of the buyer universe, combined with a unique and well-managed process by a highly dedicated and collaborative team of bankers, created a result well beyond our expectations and a timely closing in record fashion. We were honored to be a part of the Path-Tec story since our original investment in 2010, and know the future remains bright for the Company” said Frank X. Dalton, Partner, Fulcrum Equity Partners.

Kevin Boykin, CEO, Path-Tec stated, “Lincoln International was a trusted partner and has a tremendous amount of knowledge and relevant experience in the Lab Services space. The Lincoln team provided valuable insights to assist the continued growth of the business. I look forward to working with Lincoln in the future as Path-Tec moves forward to its next chapter of growth.”

Tony Crisman, Managing Director at Lincoln said, “Lincoln is extremely pleased to have been a part of the Path-Tec journey. We have always been impressed by Kevin’s focus and leadership building Path-Tec with Fulcrum’s value-added assistance. We know Lab Logistics, with Atlantic Street Capital, is the right partner to create a leader in complete specimen management services. We look forward to watching the success of the combined platform.”

About Fulcrum Equity Partners

Fulcrum Equity Partners is an Atlanta-based growth equity firm focused on providing expansion capital to rapidly growing companies. Fulcrum targets companies that are initially looking to raise $5 million – $20 million and will consider $3 million – $4 million initial investments in companies that expect to raise additional capital over time. Fulcrum provides financing to meet a wide range of needs including internal growth initiatives, acquisitions, divestures, shareholder liquidity and recapitalizations. The partners have over 130 years of relevant experience, including operations, venture capital, mezzanine financing, accounting, law, investment banking and strategy consulting. To learn more, please visit

About Lab Logistics

Lab Logistics provides mission critical, asset‐light dedicated‐route transportation solutions exclusively focused on the medical laboratory and hospital industry. For more information, visit

About Atlantic Street Capital

Atlantic Street Capital is a private equity firm that invests in middle market companies with between $4 million and $15 million in EBITDA. The firm invests in fundamentally sound companies that will benefit from capital investment and value-adding strategic and operational initiatives. Atlantic Street Capital’s investment team are hands-on investors who work closely with management to unlock their business’ underlying value and help them succeed. The firm is currently making investments in Atlantic Street Capital III, LP. For more information, visit

Path-Tec has been merged with Lab Logistics Connect with a Senior Team Member

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