Southlake-based facilities maintenance company Flagship Facility Services has acquired Managed Lab Services, a leading lab services company headquartered in San Diego, California. It’s Flagship’s second recent acquisition.
“We believe that our data-driven approach to lab support services, combined with Flagship’s robust facilities maintenance offerings, is perfectly suited to early-stage biotechs,” Taylor Moyer, president and founder of Managed Lab Services (MLS), said in a statement.
Financial details of the acquisition were not disclosed.
Laboratory support solutions
MLS says it delivers cutting-edge laboratory support solutions to keep labs operating optimally. Its primary services include vendor-managed inventory, lab support, project management, and IT operations. MLS deploys a combination of highly trained people, documented processes, and transparent data to ensure that labs are always science ready, Flagship said.
That, along with Managed Lab Services vendor-agnostic approach, provides a robust portfolio of data that allows key department heads (procurement, facilities, health and safety, lab operations, and scientists) to make forward-thinking decisions based on real-time insights.
Founded in 2008, Managed Lab Services said it has developed lab support programs that raise the bar for lab service, providing scientific teams with a new level of support and consistency.
By focusing on documented, scalable processes, high quality people, technology that automates processes and aggregates unprecedented quality, and quantities of data, Managed Lab said its programs can scale to support any customer’s lab and objectives.
Flagship is growing in biotech services and more
Recently, Flagship also acquired Biotechnical Services Inc. (BTS), an independent lab services company that specializes in lab equipment repair, calibration, and maintenance.
“Flagship Lab Services is the first lab services provider to deliver truly integrated lab support and facilities maintenance on a national scale, with the flexibility to keep pace with the uncertain and often rapid growth of early-stage biotechs,” Flagship CEO David Pasek said in a statement.
Building on the experience gained through these alliances, Flagship Lab Services says it offers a comprehensive portfolio of lab services to meet the requirements of biotech startups as they progress from R&D through GxP, the regulations and guidelines applicable to life sciences organizations that make food and medical products such as drugs, medical devices, and medical software applications.
Flagship says it has a total of more than 6,000 employees across the U.S. and Canada, and that roughly 220 are in DFW.
Don Toole, senior vice president of sales/marketing senior vice president of sales/marketing is in charges of the expansion of Flagship’s life sciences portfolio of services.
Services on an à la carte basis
Whether it’s facility maintenance for business, manufacturing, biotech, private education, or high tech Class-A campuses, Flagship said it offers a comprehensive portfolio of facilities services available on an à la carte basis, including janitorial, building engineering, HVAC and boiler maintenance, project and vendor management, environmental health and safety services, mechanical/electrical/plumbing, space management, and culinary services for organizations throughout the U.S. and Canada.
In its 35 years, Flagship said it has grown from a one-person startup to a leader in the rapidly developing facilities maintenance space. It provides holistic solutions to more than 1,800 client locations across the U.S. and Canada.
As a privately held company, Flagship typically doesn’t share its client list except for public entities such as airports, where that information is in the public domain. Nationally, Flagship works with Alexandria Real Estate, Ginkgo Bioworks, Alnylam Pharmaceuticals, Longfellow, Jaguar Gene Therapy, Bonneville Labs, Foghorn Therapeutics, and more.
Flagship Lab Services offers a comprehensive portfolio of lab services tailored to meet the specific requirements of early-stage Biotechs. Those services include lab operations support, vendor-managed inventory, glass wash and autoclaving, media prep, and IT services as well as equipment testing, certification, repair, calibration, and maintenance.
Typically, the only service providers willing to serve the needs of early-stage Biotechs are small, single-market companies with a limited menu of lab services. Flagship Lab Services, on the other hand, offers truly integrated lab and facilities maintenance services nationwide, the company said.
By equipping biotechs with the necessary infrastructure, equipment, and resources, Flagship Lab Services supports biotechs throughout their journey from R&D to GxP, eliminating the need to change facilities partners along the way.
Flagship said it is building a robust portfolio of services specifically to support biotech’s needs.
Flagship said it believes that DFW will continue to capitalize on its central location, large airport, and business friendly environment to grow its important place in the biotech sector.
Its sees DFW as a growing biotech hub and said the company is well positioned with its National Service Center Headquarters in Southlake to serve biotech organizations throughout Dallas-Fort Worth.
Flagship said it has become very visible in this space and will continue communicating directly with decision makers and influencers in all of its target regions.
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