![]() About AIC VenturesĪIC Ventures is a leading provider of alternative capital to middle-market companies via real estate sale leaseback real estate transactions. ![]() The firm also invests in manufacturers of low-technology medical products. MTS focuses on businesses that operate in services sectors of the healthcare industry – managed care/health insurance, providers of healthcare services, distributors of medical products and providers of outsourced services to the healthcare industry. MTS Health Investors, LLC, located in New York, is a healthcare private equity firm that makes equity investments in the buyout, recapitalization or growth financing of healthcare operating companies. DDC’s unique Dual Process™ for family relationship testing ensures results of unmatched quality and reliability.ĭDC’s quality DNA testing services are nationally and internationally recognized by a number of professional accrediting organizations such as ACLASS (for ISO/IEC-17025), the AABB, the American Society of Crime Laboratory Directors–Laboratory Accreditation Board (ASCLD/LAB-International), and the College of American Pathologists (CAP). As the leading force in the private DNA paternity testing industry, DDC was one of the first to adopt robotics technology in its laboratory processes for stringent and efficient handling of DNA samples. DDC offers comprehensive DNA testing services in several specialty areas: family relationship testing, forensics, health and wellness, and veterinary DNA testing. Since 1995, DDC has performed genetic tests for over 1 million clients around the world. About DNA Diagnostics CenterĭNA Diagnostics Center (DDC) is the world’s largest provider of private DNA tests. The Company provides a wide array of DNA testing services in the fields of biological family relationships, forensics and veterinary genetics, and has approximately 150 employees and utilizes a large global network of active specimen collection sites. “DDC and MTS are excited about the partnership created by teaming up with AIC Ventures on this transaction,” Buzik added.ĭDC is one of the largest and most reputable DNA testing laboratories worldwide. “AIC and DDC were able to close the transaction in less than 60 days following the completion of the commitment letter, demonstrating swift execution in the real estate arena,” said Alex Buzik, Vice President of MTS Health Investors. Proceeds from the sale were used to pay down debt. At closing, DDC entered into a long-term lease with AIC Ventures. ![]() The Company also announced that AIC Ventures has acquired DDC’s 66,000 square foot office building located in Cincinnati, Ohio. Its quality and service are unsurpassed and I am very excited to join an outstanding team.” “It is the undisputed leader in the paternity testing market and is strongly positioned across several other growth categories. “DDC is a great company that is extremely well positioned within the growing and dynamic genetic testing industry,” said Peter. “His leadership skills and strategic vision will position DDC to further dominate the private DNA parentage testing market, and accelerate product development in new arenas, which is an important part of the company’s strategy.” “Peter has the right experience and track record to lead DDC into new and exciting growth opportunities in the DNA testing field,” said Curtis Lane, Senior Managing Director of MTS Health Investors. His success has been achieved by building strong teams that are absolutely committed to achieving profitable growth. His extensive experience ranges from managing start-ups for investor groups to helping build Gatorade into a billion-dollar business for the Quaker Oats Company. Peter brings over thirty years of experience within the consumer products and healthcare industries to DDC, including twenty years as President, CEO, or Chairman of several corporations. DDC has been a portfolio company of MTS Health Investors and Oaktree Capital Management since October of 2008. FAIRFIELD, Ohio, JDDC’s Board of Directors announced that Peter Vitulli has been named President and Chief Executive Officer of DNA Diagnostics Center, the world’s leading private DNA testing laboratory, headquartered in Fairfield, Ohio.
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