The Daily Buyout
UndisclosedMergerHealthcare & Life SciencesCompleted

KKR-backed Sapphiros and binx health combine to form Onvaro

Sapphiros, a diagnostics platform backed by KKR-managed funds, and binx health, a point-of-care diagnostics company backed by health care private equity firm Hildred, have combined to form Onvaro. The new company aims to deliver fast, affordable testing at the point of need across health care and consumer settings. Terms were not disclosed.

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