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New Deal


Announced

Flourish Research completed the acquisition of Suncoast Research Group.

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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Majority

clinical research

Acquisition

Test Inspection and Certification (TIC)

Friendly

United States

Domestic

Completed

Single Bidder

Private

Synopsis

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Flourish Research, a clinical trial company, completed the acquisition of Suncoast Research Group, a clinical research site. Financial terms were not disclosed. “We welcome the Suncoast team, which has forged impressive ties with major sponsors and CROs, thanks to the success of their enrollment and quality. This acquisition will attract new opportunities and continue to bolster Flourish’s core therapeutic strengths. I am excited for Suncoast to contribute to Flourish’s journey as a national leader in clinical research," Reinhold Schulz, Flourish Research CEO.

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