Arsenal Capital Partners to acquire the Enabling Services segment assets of Fortrea.

Arsenal Capital Partners, a private equity firm specializing in building market-leading, technology-rich healthcare companies, agreed to acquire the Enabling Services segment assets of Fortrea, a global contract research organization. Financial terms were not disclosed. "Today marks a significant milestone in Fortrea’s ongoing journey, as we sharpen our focus on organically growing as a pure-play CRO, with added financial flexibility," Tom Pike, Fortrea Chairman and CEO.