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New Deal


Announced

Completed

Gauge Capital completed the investment in East Coast Institute for Research.

Financials

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

Tags

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Friendly

Domestic

Acquisition

Completed

Private Equity

clinical research

United States

Biotechnology

Single Bidder

Private

Minority

Synopsis

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Gauge Capitala private equity investment firm, completed the investment in East Coast Institute for Research, a clinical research site management organization focused primarily on the cardiovascular and metabolic therapeutic areas with eight sites across northern Florida and Georgia. Financial terms were not disclosed. “We are excited to partner with Gauge for the next chapter of ECIR’s growth. We look forward to leveraging the resources and support from an investment partner with significant experience while maintaining our focus on quality and an exceptional study participant experience. Gauge’s investment in the business will allow us to accelerate our growth, further invest in our infrastructure, and execute on our vision. The Gauge team embraces our commitment to elevating and transforming the clinical research industry and aligns with our values and mission,” Rushab Choksi East Coast Institute for Research Co-Founder.

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