M&A Deal Summary

Inotiv Acquires The Smithers Group - Avanza Bioanalytical Services Business

On May 1, 2019, Inotiv acquired life science company The Smithers Group - Avanza Bioanalytical Services Business from The Smithers Group

Acquisition Highlights
  • This is Inotiv’s 2nd transaction in the Life Science sector.
  • This is Inotiv’s 2nd transaction in the United States.
  • This is Inotiv’s 2nd transaction in Maryland.

M&A Deal Summary
Date 2019-05-01
Target The Smithers Group - Avanza Bioanalytical Services Business
Sector Life Science
Buyer(s) Inotiv
Sellers(s) The Smithers Group
Deal Type Divestiture

Target

The Smithers Group - Avanza Bioanalytical Services Business

Gaithersburg, Maryland, United States
The Smithers Group - Avanza Bioanalytical Services Business is a boutique contract research organization (CRO) specializing in general toxicology, vaccine safety and developmental and reproductive toxicology (DART).

Search 201,429 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

Inotiv

West Lafayette, Indiana, United States
Category Company
Founded 1974
Sector Life Science
Employees1,955
Revenue 572M USD (2023)
DESCRIPTION

Inotiv is a pharmaceutical development company providing contract research services and niche instrumentation, serving both the life sciences industries, primarily in drug research and development. Inotiv was founded in 1974 and is based in West Lafayette, Indiana.

DEAL STATS #
Overall 2 of 9
Sector (Life Science) 2 of 8
Type (Divestiture) 1 of 2
State (Maryland) 2 of 2
Country (United States) 2 of 9
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 PharmaKinetics

Baltimore, Maryland, United States

PharmaKinetics is a Contract Research Organization (“CRO”) providing pharmacology and bioanalysis services to the generic pharmaceutical industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 HistoTox Labs

Boulder, Colorado, United States

HistoTox Labs is a full-service histopathology contract research organization (CRO) offering medically relevant non-clinical and clinical services to the pharmaceutical, biotech, and academic communities.

Buy $22M

Seller(S) 1

SELLER

The Smithers Group

Akron, Ohio, United States
Category Company
Founded 1925
Sector Information Services
DESCRIPTION

The Smithers Group is a provider of high value information - enabling to make better decisions, faster. Smithers Information consists of three information hubs, Smithers Rapra, Smithers Pira and Smithers Apex, situated in Europe and the U.S. The Smithers Group global network of associate consultants, freelancers, and experts, help to cater to a worldwide customer base.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal