M&A Deal Summary

inVentiv Health Acquires Kforce Clinical Research

On March 19, 2012, inVentiv Health acquired staffing company Kforce Clinical Research from Kforce for 50M USD

Acquisition Highlights
  • This is inVentiv Health’s 1st transaction in the Staffing sector.
  • This is inVentiv Health’s largest (disclosed) transaction.
  • This is inVentiv Health’s 8th transaction in the United States.
  • This is inVentiv Health’s 1st transaction in Florida.

M&A Deal Summary
Date 2012-03-19
Target Kforce Clinical Research
Sector Staffing
Buyer(s) inVentiv Health
Sellers(s) Kforce
Deal Type Divestiture
Deal Value 50M USD

Target

Kforce Clinical Research

Tampa, Florida, United States
Kforce Clinical Research, Inc. is a provider of functional outsourcing solutions to pharmaceutical, biotech and medical device companies.

Search 200,577 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

inVentiv Health

Burlington, Massachusetts, United States
Category Company
Founded 1996
Sector Life Science
Employees14,000
DESCRIPTION

inVentiv Health, Inc. is a provider of best-in-class clinical, commercial and consulting services to companies seeking to accelerate performance. inVentiv offers convergent services that deliver extraordinary outcomes to clients whose goal is improving human life.

DEAL STATS #
Overall 8 of 11
Sector (Staffing) 1 of 1
Type (Divestiture) 2 of 3
State (Florida) 1 of 1
Country (United States) 8 of 11
Year (2012) 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-17 SDI Promotional and Medical Audit Businesses

United States

SDI Promotional and Medical Audit Businesses is a management consulting firm specializing in the pharmaceutical and biotech industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-05 Kazaam Web Concepts

Newtown, Pennsylvania, United States

Kazaam Web Concepts LLC is a provider comprehensive solutions and services for healthcare agencies and brands.

Buy -

Seller(S) 1

SELLER

Kforce

Tampa, Florida, United States
Category Company
Founded 1962
Sector Staffing
Employees1,800
Revenue 1.5B USD (2023)
DESCRIPTION

Kforce is a professional staffing services firm. Company provides flexible and direct hire staffing professionals and engage over 23,000 highly skilled professionals annually with more than 4,000 customers. Kforce was founded in 1962 and is based in Tampa, Florida.

DEAL STATS #
Overall 1 of 2
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 2
State (Florida) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-02 RDI Systems

San Antonio, Texas, United States

RDI Systems, Inc. (dba dNovus RD) is a provider of IT services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 himagine solutions

St. Louis, Missouri, United States

himagine solutions is a HIM outsourcing company providing health information management services, including medical coding, coding audit, registry management and clinical documentation solutions to U.S. healthcare systems, hospitals, and adjacent physician facilities. himagine solutions was founded in 2008 and is based in St. Louis, Missouri.

Sell $119M
Mergr

Product

Company

Legal