M&A Deal Summary

Altasciences Acquires Vince & Associates Clinical Research

On May 14, 2013, Altasciences acquired life science company Vince & Associates Clinical Research from Celerity Partners and Gryphon Investors

Acquisition Highlights
  • This is Altasciences’ 1st transaction in the Life Science sector.
  • This is Altasciences’ 1st transaction in the United States.
  • This is Altasciences’ 1st transaction in Kansas.

M&A Deal Summary

Date 2013-05-14
Target Vince & Associates Clinical Research
Sector Life Science
Buyer(s) Altasciences
Sellers(s) Celerity Partners
Gryphon Investors
Deal Type Add-on Acquisition
Advisor(s) Edgemont Capital Partners LP (Financial)

Target

Vince & Associates Clinical Research

Overland Park, Kansas, United States
Vince & Associates Clinical Research Inc. is a provider of clinical research services to the pharmaceutical and biotech industry worldwide.

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Buyer(S) 1

Buyer

Altasciences

Laval, Quebec, Canada

Category Company
Founded 1992
Sector Life Science
DESCRIPTION

Altasciences is a forward-thinking, mid-sized contract research organization offering pharmaceutical and biotechnology companies a proven, flexible approach to preclinical and clinical pharmacology studies, including formulation, manufacturing, and analytical services. Altasciences was founded in 1992 and is based in Laval, Quebec.


DEAL STATS #
Overall 1 of 4
Sector (Life Science) 1 of 4
Type (Add-on Acquisition) 1 of 4
State (Kansas) 1 of 1
Country (United States) 1 of 4
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-19 WCCT Global

Cypress, California, United States

WCCT Global LLC is a multi-site, full service global contract research organization (CRO) of outsourced early drug development and late phase services to the pharmaceutical, biotechnology and medical device industries. WCCT Global is based in Cypress, California.

Buy -

Seller(S) 2

SELLER

Celerity Partners

Los Angeles, California, United States

Investor Investor Investor


Category Private Equity Firm
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

Celerity Partners is a private equity firm that has invested equity capital in the change of control transactions of private companies. Celerity Partners typically partner with business owners to provide liquidity to entrepreneur and family-owned businesses, recapitalize existing owners of independent companies or facilitate corporate divestitures. Celerity Partners will consider investment opportunities across a wide range of industries in Healthcare, Contract Manufacturing, Energy Services, Infrastructure, and Environmental Services, and Transportation & Logistics. Celerity Partners was formed in 1995 and has offices in Los Angeles and Menlo Park.


DEAL STATS #
Overall 13 of 23
Sector (Life Science) 1 of 5
Type (Add-on Acquisition) 7 of 11
State (Kansas) 1 of 1
Country (United States) 11 of 21
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 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
2014-09-04 Well Foam

Odessa, Texas, United States

Well Foam is a diversified oilfield services company, providing recovery enhancement services, including foam & nitrogen injection, downhole fishing, lay down machines, well testing and flow back and pressure control, in the Permian Basin. Well Foam was founded in 2005 and is based in Odessa, Texas.

Buy -
SELLER

Gryphon Investors

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 8.9B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Gryphon Investors is a private equity firm focused on making $50 to $300 million of equity or equity-linked investments in middle-market companies. Target transaction situations include traditional buyouts, leveraged build-ups, and growth financings. Gryphon will consider both control and shared-control positions. Sectors of interest include business services, consumer, retail, automotive, chemicals, general manufacturing, healthcare, and hotels. Gryphon Investors was formed in 1997 and is based in San Francisco, California.


DEAL STATS #
Overall 15 of 35
Sector (Life Science) 1 of 2
Type (Add-on Acquisition) 7 of 16
State (Kansas) 1 of 2
Country (United States) 15 of 35
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-18 TrustHouse Services Group

Charlotte, North Carolina, United States

TrustHouse Services Group, Inc. is a food service provider focused on the healthcare, education and corrections sectors. TrustHouse manages over 675 client accounts across 45 states.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Flagstone Foods

Saint Paul, Minnesota, United States

Flagstone Foods, Inc. (Formerly Snacks Holding Corporation), is a holding company for Ann’s House of Nuts (“Ann’s”) and Amport Foods (“Amport”). Ann’s, based in Columbia, MD, is the largest manufacturer and marketer of trail mixes in North America.

Sell $860M