M&A Deal Summary

PRA Health Sciences Acquires ClinStar

On March 4, 2013, PRA Health Sciences acquired life science company ClinStar

Acquisition Highlights
  • This is PRA Health Sciences’ 2nd transaction in the Life Science sector.
  • This is PRA Health Sciences’ 1st transaction in the United States.
  • This is PRA Health Sciences’ 1st transaction in California.

M&A Deal Summary

Date 2013-03-04
Target ClinStar
Sector Life Science
Buyer(s) PRA Health Sciences
Deal Type Add-on Acquisition

Target

ClinStar

San Francisco, California, United States
ClinStar, LLC is a clinical research organization managing Phase I-IV clinical research trials in the Russian Federation, Ukraine, Belarus and the Baltic States.

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Buyer(S) 1

Buyer

PRA Health Sciences

Raleigh, North Carolina, United States

Category Company
Founded 1976
Sector Life Science
Employees17,500
Revenue 3.1B USD (2019)
DESCRIPTION
PRA Health Sciences' corporate headquarters in Raleigh, North Carolina.
PRA Health Sciences' corporate headquarters in Raleigh, North Carolina.

PRA Health Sciences, Inc. is an international clinical research organization. PRA provides services on a contract basis to the pharmaceutical and biotechnology industries. Comprehensive services include the filing of Investigational New Drug (IND) and similar regulatory applications, management and implementation of Phase I through IV clinical trials, preparation and submission of New Drug Applications (NDAs), and post-marketing surveillance on an international basis. PRA was formed in 1976 and is based in Raleigh, North Carolina.


DEAL STATS #
Overall 4 of 8
Sector: Life Science M&A 2 of 3
Type: Add-on Acquisition M&A Deals 4 of 8
State: California M&A 1 of 2
Country: United States M&A 1 of 5
Year: 2013 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-20 Kinship Technologies

Chennai, India

Kinship Technologies is a Chennai, India-based software developer and services company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-31 ReSearch Pharmaceutical Services

Fort Washington, Pennsylvania, United States

ReSearch Pharmaceutical Services, Inc. is a provider of integrated global clinical development solutions to the bio-pharmaceutical industry based on its comprehensive therapeutic expertise, robust clinical operations infrastructure, and highly trained and experienced employee base.

Buy -