M&A Deal Summary

H.I.G. Private Equity Acquires Navitas Life Sciences

On September 13, 2022, private equity firm H.I.G. Private Equity acquired information technology company Navitas Life Sciences

Acquisition Highlights
  • This is H.I.G. Private Equity’s 23rd transaction in the Information Technology sector.
  • This is H.I.G. Private Equity’s 216th transaction in the United States.
  • This is H.I.G. Private Equity’s 4th transaction in Maryland.

M&A Deal Summary
Date 2022-09-13
Target Navitas Life Sciences
Sector Information Technology
Buyer(s) H.I.G. Private Equity
Deal Type Recapitalization

Target

Navitas Life Sciences

Gaithersburg, Maryland, United States
Navitas Life Sciences is a global technology-enabled clinical research organization (CRO) providing outsourced data science (including biostatistics, statistical programming, and data management), regulatory & safety services (including software and monitoring), and other full-service CRO capabilities to blue-chip large and mid-sized pharmaceutical and government clients. The Company’s functional service expertise optimizes the clinical trial process, drives cost efficiencies for its clients, and ensures adherence to regulatory compliance requirements. Its global operations span the United States, India, Europe, and South America. Navitas Life Sciences is based in Gaithersburg, Maryland.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $1000 million. The Firm also will consider add-on acquisitions, industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.

DEAL STATS #
Overall 326 of 370
Sector (Information Technology) 23 of 25
Type (Recapitalization) 24 of 25
State (Maryland) 4 of 6
Country (United States) 216 of 246
Year (2022) 18 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-01 CPS

Over, United Kingdom

CPS provides installation and maintenance services across heating, cooling, ventilation, and electrical systems to clients in the healthcare, life sciences, defense, and education end-markets. CPS was founded in 1995 and is based in Over, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-20 Northern Biogas

Morgantown, West Virginia, United States

Northern Biogas is a waste-to-renewable natural gas company, specializing in the development, construction, and operation of renewable natural gas (“RNG”) facilities that represent sustainable, clean energy solutions for waste generated from dairies, landfills, and other facilities producing organic waste, including food waste. Northern Biogas is based in Morgantown, West Virginia.

Buy -
Mergr

Product

Company

Legal