Add-on Acquisition • Life Science

Pace Acquires Drug Delivery Experts

On July 23, 2021, Pace acquired life science company Drug Delivery Experts

Acquisition Context
  • This is Pace’s 7th transaction in the Life Science sector.
  • This is Pace’s 8th transaction in the United States.
  • This is Pace’s 1st transaction in California.

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M&A Deal Summary

Date July 23, 2021
Target Drug Delivery Experts
Sector Life Science
Buyer(s) Pace
Deal Type Add-on Acquisition

Target Company

Drug Delivery Experts

San Diego, California, United States
Drug Delivery Experts is a contract development and manufacturing organization (CDMO) with expertise in small molecules and biologics and offering contract drug product R&D clinical trial materials manufacturing from simple solutions to complex injectable formulations. DDE specializes in supporting parenteral drug products from solutions to particulate systems and long-acting technologies. Drug Delivery Experts is based in San Diego, California.
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Buyer Overview 1

Buyer

Pace

Minneapolis, Minnesota, United States

Category Company
Founded 1978
Sector Test/Measurement Equipment
DESCRIPTION
Pace Analytical's Minneapolis corporate headquarters.
Pace Analytical's Minneapolis corporate headquarters.

Pace is a provider of analytical testing and related outsourced scientific solutions to the life sciences industry. Pace's Analytical Services division provides full-service testing, sampling, and analytical support services to detect trace-level organic and inorganic contaminants in air, water, wastewater, soil, biota, and waste. Pace's Life Sciences division provides a wide variety of testing services for the biopharmaceutical, pharmaceutical, medical device, and drug-device industries as well as early-stage drug development and manufacturing services with a broad range of pre-clinical and clinical capabilities for both small and large molecules. Pace was formed in 1978 and is based in Minneapolis, Minnesota.


Deal Context for Buyer #
Overall 8 of 9
Sector: Life Science 7 of 7
Type: Add-on Acquisition 8 of 9
State: California 1 of 1
Country: United States 8 of 9
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Bio-Concept Laboratories

Salem, New Hampshire, United States

Bio-Concept Laboratories, Inc. is a CDMO operating in the pharmaceutical field that offers new product development services including formulation development and fill-finish manufacturing of aseptic aqueous products for toxicology studies, clinical trial research, and commercial manufacturing. Its experience encompasses dosage forms for topical ophthalmics, intravitreal drug delivery to the eye, and parenteral administration. Bio-Concept Laboratories, Inc. was founded in 1995 and is based in Salem, New Hampshire.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-07 Alpha Analytical

Westborough, Massachusetts, United States

Alpha Analytical provides a full range of environmental laboratory services complementing those offered by Pace® Analytical Services including air, water, soil, and testing for emerging contaminants such as PFAS which is highly regulated in the Northeast. Alpha Analytical was formed in 1987 and is based in Westborough, Massachusetts.

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