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New Deal


Announced

Completed

HIG Capital completed the acquisition of Celerion Holdings.

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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Private Equity

Private

Pharmaceuticals

Majority

Single Bidder

Friendly

Completed

Acquisition

pharmaceutical manufacturing

United States

Domestic

Synopsis

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HIG Capital, a private equity firm, completed the acquisition of Celerion Holdings, a provider of outsourced clinical research services to the pharmaceutical industry. Financial terms were not disclosed. “We are excited to enter into this new chapter of growth with HIG. Celerion is one of the most experienced and successful CROs globally, with expertise in early stage drug development solutions that has resulted in strong growth since the Company’s inception. We look forward to partnering with HIG, who brings significant experience and resources in the pharmaceutical sector, and continuing to provide industry leading customer service," Susan Thornton, Celerion CEO.

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