Dec 14, 2017
PRESS RELEASE – Wolfe Inc. Acquires Drug and Alcohol Management, LLC
November 27th, 2017
Wolfe Inc. Acquires Drug and Alcohol Management, LLC
ASHEVILLE, NC – Wolfe Inc. announces it has purchased the bulk assets of competitor Drug and Alcohol Management, LLC. Effective November 16th, 2017, employees and clients of Drug and Alcohol Management, LLC resumed operations as part of Wolfe Inc.
Wolfe Inc. is a provider of trusted employer solutions including drug testing, background screening services, and learning management programs with offices in Charlotte, Concord, and Asheville, NC.
The acquisition increases Wolfe Inc.’s regional presence with the addition of three collection sites located in Asheboro, Greensboro, and Bryson City, NC.
“We are confident that this acquisition will allow us to expand our services to current clients as well as showcase our hassle-free customer experience for our newest clients,” said Jim Wolfe, owner of Wolfe Inc. and Keystone Laboratories, an independent lab in Asheville, NC.
“It has been a long-term priority for us to purchase a smaller company whose values reflect our own, and we are pleased to have this opportunity.”
This comes just three years after Keystone Laboratories’ expansion into medication monitoring as a service to healthcare providers specializing in family medicine, substance abuse treatment, and pain management. The impetus for that, according to Wolfe, was the rise in painkiller abuse and the need for a trusted regional laboratory offering clinical drug testing with rapid turnaround time.
“We’re not a big company by any means,” said Wolfe, whose employees now total close to 60, “But we have bright, dedicated team members who offer better service than the larger providers. We like to think of ourselves as a small but growing company that helps other organizations grow and prosper.”
Contact: Melissa Mickalunas
Tel: (828) 771-3113