LP First Capital, a business services-focused private equity firm, and Genesis Park, a Houston-based private credit and equity investment firm, have purchased Fastest Labs, a provider of drug, alcohol and DNA testing services based in San Antonio, Texas.
Fastest Labs, founded by Dave Claflin, delivers testing services to clients across the U.S. The partnership looks to provide Fastest Labs with the resources and and support necessary to drive growth, expand its footprint and improve the company’s overall offerings to customers and franchisees.
“Fastest Labs has shown tremendous potential and is a perfect fit for our business services platform,” comments Thomas Ince, managing director. “We are excited to work closely with Dave Claflin and his team to expand the company’s reach and enhance its offerings to better serve the needs of our customers.”