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New Deal


Announced

Completed

Pace Analytical completed the acquisition of Drug Delivery Experts.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

Test Inspection and Certification (TIC)

Completed

Private Equity

Biotechnology

Acquisition

Single Bidder

United States

drug development

Friendly

CDMO

Majority

Synopsis

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Pace Analytical, a a full-service contract development and manufacturing organization, through Pace Analytical Life Sciences, its subsidiary, completed the acquisition of Drug Delivery Experts, a CDMO, specializing in complex injectable drug formulations and combination drug-device product development. Financial terms were not disclosed. “Increasingly, customers are relying on the expertise of Pace to support them throughout their drug development. The acquisition of DDE allows us to further service customers across all stages of the process while bringing innovative technologies to our portfolio, including capabilities for long-acting and complex injectables,” Eric Roman, Pace Analytical CEO.

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