M&A Deal Summary

Chiltern International Acquires Theorem Clinical Research Holdings

On August 6, 2015, Chiltern International acquired life science company Theorem Clinical Research Holdings from Nautic Partners

Acquisition Highlights
  • This is Chiltern International’s 3rd transaction in the Life Science sector.
  • This is Chiltern International’s 2nd transaction in the United States.
  • This is Chiltern International’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2015-08-06
Target Theorem Clinical Research Holdings
Sector Life Science
Buyer(s) Chiltern International
Sellers(s) Nautic Partners
Deal Type Add-on Acquisition
Advisor(s) Baird (Financial)
Goodwin Procter (Legal)

Target

Theorem Clinical Research Holdings

King of Prussia, Pennsylvania, United States
Theorem Clinical Research Holdings LLC is a full-service, global clinical research organization. Theorem Clinical Research conducts early phase, phase II/III and late phase clinical trials for the pharmaceutical, biotechnology and medical device industries. The Company also provides technical services that support clinical trials, with a particular focus on data management and biostatistics services.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Chiltern International

Bristol, Tennessee, United States

Category Company
Founded 1999
Sector Life Science
DESCRIPTION

Chiltern International, Inc. is a global contract research organization, and a provider of clinical services and solutions in a variety of therapeutic areas with engagement models for biopharmaceutical and medical device industries. Chiltern’s team of more than 4,500, located across 47 countries, provides comprehensive Clinical Development, Medical & Scientific Affairs, Data & Analysis, Pharmacovigilance and Strategic Regulatory services using a collaborative approach for more efficient clinical trials. Visit Chiltern.com to learn more about how Chiltern is Designed Around You®.


DEAL STATS #
Overall 3 of 4
Sector: Life Science M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 4
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-29 Pacific Clinical Research Pte

Singapore, Singapore

Pacific Clinical Research Pte Ltd. is a pan-Asian clinical research organization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-31 Integrated Development Associates Co.

Tokyo, Japan

Integrated Development Associates Co. Ltd. is a CRO specializing in integrating Japan and Asia into global drug development. Integrated Development Associates is based in Tokyo, Japan.

Buy -

Seller(S) 1

SELLER

Nautic Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 9.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Nautic Partners is a private equity firm focused on middle-market company investments based in the US. Nautic looks to invest $50 to $400 million of equity in businesses valued between $100 million and $1 billion. Nautic's industry focus is business services, manufacturing, healthcare, and communications. Prospective investment structures include buyouts, recapitalizations, consolidations, and growth financings. Nautic prefers majority investment positions. Nautic Partners was formed in 1986 and is based in Providence, Rhode Island.


DEAL STATS #
Overall 31 of 47
Sector: Life Science M&A 1 of 2
Type: Add-on Acquisition M&A Deals 13 of 18
State: Pennsylvania M&A 1 of 1
Country: United States M&A 31 of 46
Year: 2015 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-11 Reliant Hospital Partners

Addison, Texas, United States

Reliant Hospital Partners LLC is a operator of rehabilitation hospitals. Operating seven facilities, Reliant serves patients on an inpatient and outpatient basis. Reliant is committed to providing excellent patient outcomes and outstanding patient satisfaction.

Sell $730M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 Precision Engineered Products

Attleboro, Massachusetts, United States

Precision Engineered Products is a global manufacturer of highly engineered precision customized solutions serving the medical, electrical, transportation and aerospace end markets. Precision Engineered Products is based in Attleboro, Massachusetts.c

Sell $615M