The Carlyle Group’s Investment in Adicon


Paul, Weiss advised The Carlyle Group in its investment, alongside Meinian Onehealth, in Adicon Holdings Limited, a China-based independent clinical laboratory provider.

Adicon Holdings operates 20 wholly owned diagnostic laboratories in China that offer diagnostic testing outsourcing services to over 10,000 customers in hospitals, clinics and contract research organizations in 28 provinces. Meinian Onehealth is China’s largest medical examination center operator. Financial terms of the transaction were not disclosed.

The Paul, Weiss team included corporate partner Jeanette Chan (Picture) and counsel David Lee; and litigation partner Mark Mendelsohn and counsel Peter Jaffe.

Involved fees earner: Jeanette Chan – Paul Weiss Rifkind Wharton & Garrison; David Lee – Paul Weiss Rifkind Wharton & Garrison; Mark Mendelsohn – Paul Weiss Rifkind Wharton & Garrison; Peter Jaffe – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Carlyle Group;