M&A Deal Summary

Accel Research Sites Acquires Meridien Research

On June 29, 2020, Accel Research Sites acquired life science company Meridien Research from Avego Healthcare Capital

Acquisition Highlights
  • This is Accel Research Sites’ 1st transaction in the Life Science sector.
  • This is Accel Research Sites’ 1st transaction in the United States.
  • This is Accel Research Sites’ 1st transaction in Florida.

M&A Deal Summary

Date 2020-06-29
Target Meridien Research
Sector Life Science
Buyer(s) Accel Research Sites
Sellers(s) Avego Healthcare Capital
Deal Type Add-on Acquisition

Target

Meridien Research

Winter Park, Florida, United States
Meridien Research is a multi-specialty clinical research site company which conducts Phase I-IV inpatient and outpatient clinical trials for global, mid-sized pharmaceutical and biotech sponsors, as well as the largest contract research organizations (“CROs”). Meridien’s research covers more than 50 indications, with the range of therapeutic areas spanning central nervous system, mental health, neurology, metabolic and endocrine disorders and women’s health. Meridien Research was founded in 2000 and is based in Winter Park, Florida.

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Buyer(S) 1

Buyer

Accel Research Sites

Lake Mary, Florida, United States

Category Company
Founded 1998
Sector Medical Products
DESCRIPTION

Accel Research Sites is a multi-therapeutic network of clinical research sites dedicated to the expert delivery of treatment options to patients and providers. Accel Research Sites partners with innovative and significant pharmaceutical, biotechnology, and medical device companies in the world to advance healthcare and wellness in the communities it serves. Accel Research Sites was founded in 1998 and is based in Lake Mary, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Avego Healthcare Capital is a private investment firm focused on investing in expansion stage healthcare companies. Avego has a special interest in companies that are commercializing and developing important therapeutics, medical products, and services for patients, physicians, and other customers in the US and globally. Avego Healthcare Capital was formed in 2015 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 1 of 4
Sector: Life Science M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 2
State: Florida M&A 1 of 1
Country: United States M&A 1 of 4
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-16 Meridien Research

Winter Park, Florida, United States

Meridien Research is a multi-specialty clinical research site company which conducts Phase I-IV inpatient and outpatient clinical trials for global, mid-sized pharmaceutical and biotech sponsors, as well as the largest contract research organizations (“CROs”). Meridien’s research covers more than 50 indications, with the range of therapeutic areas spanning central nervous system, mental health, neurology, metabolic and endocrine disorders and women’s health. Meridien Research was founded in 2000 and is based in Winter Park, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 Eyevance Pharmaceuticals

Fort Worth, Texas, United States

Eyevance Pharmaceuticals is committed to developing and commercializing innovative and impactful ophthalmic products that enable optimal vision, better quality of life, and address significant unmet medical needs. Eyevance Pharmaceuticals was founded in 2017 and is based in Fort Worth, Texas.

Sell -