Roseville, CA (April 10, 2023) DCA Partners (“DCA”) is pleased to announce the acquisition of Cordant Health Solutions (“Cordant”), a leading provider of toxicology and drug testing services. Founded in 1997 and headquartered in Flagstaff, AZ, Cordant offers a wide range of testing solutions, including urine, saliva, and hair drug testing, as well as genetic testing and medication monitoring. Their services are used by parole agencies, court systems, addiction treatment centers and behavioral health facilities. The Company is staffed by highly trained scientists and technicians who use the latest technology to provide accurate and reliable test results with rapid turnaround time.

“We are excited to partner with a strong management team that has decades of experience in the industry and has built an organization that is ready to scale,” said Steve Mills, Founder and Partner at DCA. “The Company has a strong record of delivering their lab services to clients in better than industry average turnaround times thanks to its advanced IP capabilities to track millions of samples a year as well as its best-in-class lab specialists.”

Brenden Wilson, Principal at DCA Partners said “Cordant is an outstanding addition to our portfolio and fits well with our strategy of investing in emerging profitable growth companies who provide critical services. We are proud to back the longstanding management team at Cordant who has demonstrated the ability to grow the business remarkably over the last decade.”

The acquisition was supported with financing provided by Gladstone Capital Corporation and CVF Capital Partners. The transaction was advised by Cain Brothers, a division of KeyBanc Capital Markets.

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About DCA Partners

DCA Partners is an alternative asset manager and advisory firm based in Sacramento, CA. DCA’s private equity fund is focused exclusively on investing in and acquiring profitable growth businesses in partnership with great management teams. For more information, please visit

About Gladstone Capital Corporation

Gladstone Capital Corporation (Nasdaq: GLAD) was founded in 2001 as one of the first Business Development Company (“BDC”) funds to focus on investing in loans to lower middle market businesses. Gladstone partners with management teams, entrepreneurs, and private equity sponsors to provide financing solutions for companies nationwide.

About CVF Capital Partners

CVF Capital Partners was established in 2005 to finance later-stage growth, recaps, and buyout opportunities across the lower middle market. CVF invests both mezzanine debt and preferred equity and has raised $385 million in committed capital across its three funds. The fund has offices throughout California in Davis and San Diego. This geography allows the firm to attend to small businesses seeking capital throughout the broader Western United States. For more information, please visit


Barbara Urbani
Director of Marketing & Administration
DCA Partners