M&A Deal Summary

Evolution Research Group Acquires Richmond Behavioral Associates

On March 9, 2020, Evolution Research Group acquired healthcare services company Richmond Behavioral Associates

Acquisition Highlights
  • This is Evolution Research Group’s 4th transaction in the Healthcare Services sector.
  • This is Evolution Research Group’s 5th transaction in the United States.
  • This is Evolution Research Group’s 2nd transaction in New York.

M&A Deal Summary

Date 2020-03-09
Target Richmond Behavioral Associates
Sector Healthcare Services
Buyer(s) Evolution Research Group
Deal Type Add-on Acquisition
Advisor(s) Nixon Peabody (Legal)

Target

Richmond Behavioral Associates

Staten Island, New York, United States
Richmond Behavioral Associates provides a broad range of illnesses including depression, anxiety disorders, schizophrenia, bipolar disorder, cognitive impairment, Alzheimer's disease, and autism, in both pediatric and adult populations. Richmond Behavioral Associates is based in Staten Island, New York.

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Buyer(S) 1

Buyer

Evolution Research Group

New Providence, New Jersey, United States

Category Company
Founded 2014
Sector Life Science
DESCRIPTION

Evolution Research Group is an independent clinical research site business serving pharmaceutical companies and CROs, with a focus in neuroscience and other special populations. Evolution Research Group was founded in 2014 and is based in New Providence, New Jersey.


DEAL STATS #
Overall 5 of 5
Sector: Healthcare Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 5
State: New York M&A 2 of 2
Country: United States M&A 5 of 5
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Finger Lakes Clinical Research

Rochester, New York, United States

Finger Lakes Clinical Research is a clinical research facility specializing in pediatric and adult central nervous system trials for major national and international pharmaceutical firms. Finger Lakes Clinical Research was founded in 2003 and is based in Rochester, New York.

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