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M&A Deal Summary

Parexel Acquires ATLAS Medical Services

On July 1, 2014, Parexel acquired life science company ATLAS Medical Services

Acquisition Highlights
  • This is Parexel’s 7th transaction in the Life Science sector.
  • This is Parexel’s 1st transaction in Turkey.

M&A Deal Summary
Date 2014-07-01
Target ATLAS Medical Services
Sector Life Science
Buyer(s) Parexel
Deal Type Add-on Acquisition

Target

ATLAS Medical Services

Istanbul, Turkey
ATLAS Medical Services is a provider of clinical research services in Turkey, the Middle East, and North Africa.

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Buyer(S) 1

Buyer

Parexel

Durham, North Carolina, United States
Category Company
Founded 1983
Sector Life Science
Revenue 2.3B USD (2015)
DESCRIPTION

Parexel is a global provider of clinical research and consulting services to the pharma and biotech industry. Parexel’s services enable the development of innovative new medicines that improve the health of patients across the world. Parexel was founded in 1983 and is based in Durham, North Carolina.

DEAL STATS #
Overall 12 of 16
Sector (Life Science) 7 of 9
Type (Add-on Acquisition) 11 of 15
Country (Turkey) 1 of 1
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 HERON Group

Luton, United Kingdom

HERON Group Ltd. is a life sciences consultancy which provides evidence-based commercialization services to support biopharmaceutical companies throughout the lifecycle of their products.

Buy $38M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-03 ClinIntel

Crawley, United Kingdom

ClinIntel is a provider of clinical Randomization and Trial Supply Management (RTSM) services, based in the United Kingdom.

Buy -
Mergr

Product

Company

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