M&A Deal Summary

Everest Clinical Research Acquires Brightech

On December 1, 2022, Everest Clinical Research acquired information services company Brightech

Acquisition Highlights
  • This is Everest Clinical Research’s 1st transaction in the Information Services sector.
  • This is Everest Clinical Research’s 1st transaction in the United States.
  • This is Everest Clinical Research’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2022-12-01
Target Brightech
Sector Information Services
Buyer(s) Everest Clinical Research
Deal Type Add-on Acquisition

Target

Brightech

Somerset, New Jersey, United States
Brightech is a CRO that specializes in complex, value-add biostatistics, programming, and clinical data management services. Brightech was formed in 2002 and is based in Somerset, New Jersey.

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Buyer(S) 1

Buyer

Everest Clinical Research

Markham, Ontario, Canada

Category Company
Founded 2004
Sector Life Science
DESCRIPTION

Everest Clinical Research is a contract research organization (“CRO”) providing a comprehensive suite of mission-critical clinical research services to the worldwide pharmaceutical, biotechnology, and medical device industries across Phase I-IV trials. Everest Clinical Research was founded in 2004 and is based in Markham, Ontario.


DEAL STATS #
Overall 1 of 2
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 August

Scarsdale, New York, United States

August is a European CRO that provides Clinical Trial Services (“CTS”) and Pharmacovigilance (“PV”) services to pharmaceutical and biotechnology clients. The Company has worked on over 120 projects for Phase I-IV clinical trials across multiple therapeutic areas including cardiovascular, infectious disease, oncology, and rare disease. August is based in Scarsdale, New York.

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