![]() ![]() 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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