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New Deal


Announced

Completed

GHO Capital-backed Velocity Clinical Research completed the acquisition of Meridian Clinical Research.

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

testing inspection and certification

Majority

United States

Medical Services

clinical trials

medical tests

Domestic

Friendly

Private

Acquisition

Completed

Single Bidder

Synopsis

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GHO Capital-backed Velocity Clinical Research, an integrated research site organization, completed the acquisition of Meridian Clinical Research, a multi-specialty site network. Financial terms were not disclosed. "Having admired Nicole Osborn and the Meridian team’s approach to clinical research for some time now, I am particularly pleased to welcome them to Velocity. The combination of two of the best businesses in this sector moves the needle for clients, changing the relationship from transactional to strategic," Paul Evans, Velocity President and CEO.

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