M&A Deal Summary

Flourish Research Acquires Alzheimer s Memory Center

On May 18, 2023, Flourish Research acquired healthcare services company Alzheimer s Memory Center

Acquisition Highlights
  • This is Flourish Research’s 4th transaction in the Healthcare Services sector.
  • This is Flourish Research’s 6th transaction in the United States.
  • This is Flourish Research’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2023-05-18
Target Alzheimer s Memory Center
Sector Healthcare Services
Buyer(s) Flourish Research
Deal Type Add-on Acquisition

Target

Alzheimer s Memory Center

Matthews, North Carolina, United States
Alzheimer's Memory Center provides comprehensive management of Alzheimer’s and related dementias, including mild cognitive impairment (MCI), vascular dementia, frontotemporal dementia, pseudodementia, Lewy body dementia, and Parkinsonian dementia. It serves residents in the Charlotte metro area, as well as people throughout North and South Carolina. Alzheimer's Memory Center is based in Matthews, North Carolina.

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Buyer(S) 1

Buyer

Flourish Research

Apex, North Carolina, United States
Category Company
Founded 2021
Sector Healthcare Services
DESCRIPTION

Flourish Research is a clinical trial site network focused on performing the highest quality trials for sponsors and CROs and providing patients with an exceptional clinical experience. Flourish Research was founded in 2021 and is based in Apex, North Carolina.

DEAL STATS #
Overall 6 of 8
Sector (Healthcare Services) 4 of 5
Type (Add-on Acquisition) 6 of 8
State (North Carolina) 1 of 1
Country (United States) 6 of 8
Year (2023) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-18 Central Research Associates

Birmingham, Alabama, United States

Central Research Associates is a clinical research facility that provides its sponsors with data from a company that excels at accelerated study start-up, rapid enrollment of qualified subjects, and accurate execution of protocol requirements. The facility executes and completes each clinical trial, and is certified in Human Subject Protection, GCP, IATA, and HIPPA trained. It assists sponsors in completing enrollment in an efficient manner and closing the database with clean and accurate data. Central Research Associates is based in Birmingham, Alabama.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-15 Valley Clinical Trials

Northridge, California, United States

Valley Clinical Trials is a provider of clinical research site committed to patients and biopharma sponsors. Valley Clinical Trials was founded in 2009 and is based in Northridge, California.

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