Statlab Medical Products

In September 2009, Two Roads Equity's predecessor firm acquired StatLab Medical Products in an all-cash transaction. StatLab was a regional distributor of specialty laboratory supplies used to prepare specimens for diagnosis. We built on the company’s solid foundation and grew StatLab into the leading developer, manufacturer and marketer of "cost-effective" histology, cytology and immunohistochemistry supplies that are sold to over 3,200 hospitals and private reference laboratories across North America. StatLab's products are used to diagnose over 25 million patients annually.


After developing a family-owned business for 25 years, it was with no small amount of trepidation that my brothers and I embarked upon a possible sale of our company. We were looking for a partner who would continue our upward trajectory while providing opportunities for our employees who had invested so much into making StatLab a success. Dan and his investor group helped us accomplish both objectives beyond our expectations. I remained with the business after sale and have been fortunate to work with Dan on a daily basis for nearly 7 years. I have found him to be an individual of high integrity and possess a keen sense for identifying, dissecting and resolving problems. He has been instrumental in elevating the importance of communication, accountability and personal development within our culture. Dan and his group have proven to be a great partner for our business, helping maintain what made StatLab special in the first place while making their own imprint on the business. This partnership has proven to be a powerful combination that has pushed StatLab to the forefront of our industry.