Bonfils Blood Center Completes Sale of its Laboratory with Allosource in Deal Negotiated by W. G. Nielsen & Co.
DENVER, November 30, 2007 -- W. G. Nielsen & Co., a leading Denver-based investment banking firm, today announced that it has negotiated the sale of the tissue testing division of Bonfils Blood Center known as Laboratory at Bonfils. Terms of the multi-million dollar deal were not disclosed.
“This transaction was largely about keeping a well-needed community asset in Denver while allowing Bonfils to focus on accommodating the blood needs of the Rocky Mountain region. It was a priority for us to find the perfect partner for Bonfils, and Allosource was the logical choice. We could not be happier with the relationship that was forged between these two standout healthcare organizations,” said Ron Barber, Senior Vice President, W.G. Nielsen & Co.
W. G. Nielsen & Co. specializes in developing creative and mutually beneficial matches for company buyers and sellers. The firm helped Bonfils refocus on its core competency - maintaining a safe, adequate and efficiently produced blood supply for the community - while keeping the precious laboratory testing resources in the Denver community with one of the nation’s largest and most respected non-profit providers of bone and soft tissue allografts for use in a host of medical treatments.
“W.G. Nielsen understood that satisfying the needs of our community was our priority and they were integral in negotiating this transaction successfully,” said Tom Puckett, President and CEO, Bonfils Blood Center. “W.G. Nielsen & Co. was a great partner to help us navigate a complicated and delicate transaction.”
“We are proud to be associated with Bonfils and Allosource,” said Wayne G. Nielsen, President of W.G. Nielsen & Co. “These two organizations represent pillars in the healthcare community and each has a strong presence in the Rocky Mountain region. We are delighted with this transaction’s outcome and look forward to celebrating successes with both of these companies for many years to come.”
About Bonfils Blood Center
For nearly 65 years, Bonfils Blood Center has supported the community blood supply and has played an instrumental role in the lives of patients in need throughout Colorado and beyond. Bonfils Blood Center supplies blood to more than 200 healthcare facilities and needs to collect 4,350 blood donations weekly to meet the needs of the community and to be prepared for any unexpected events.
About W.G. Nielsen
W.G. Nielsen & Co. is a Denver-based investment banking firm that specializes in mergers and acquisitions (sell side and buy side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co. is the dominant independently owned FINRA investment banking firm in the region offering clients innovative financing solutions. The company enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the company’s inception in 1996, W.G. Nielsen professionals have completed transactions valued in excess of $4 billion.
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