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Divestiture • Business Services

PharmAlliance Acquires BioBridges

On October 10, 2023, PharmAlliance acquired business services company BioBridges from Soliant Health

Acquisition Context
  • This is PharmAlliance’s 1st transaction in the Business Services sector.
  • This is PharmAlliance’s 1st transaction in the United States.
  • This is PharmAlliance’s 1st transaction in North Carolina.

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M&A Deal Summary
Date October 10, 2023
Target BioBridges
Sector Business Services
Buyer(s) PharmAlliance
Sellers(s) Soliant Health
Deal Type Divestiture

Target Company

BioBridges

Morrisville, North Carolina, United States
BioBridges is a provider of drug, biologic, and device consulting services spanning development through commercialization. A trusted advisor to clients and consultants with a flexible delivery model, providing scarce resources on a fractional basis that creates a “win-win” for both clients and consultants. BioBridges was founded in 2005 and is based in Morrisville, North Carolina.
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Buyer Overview 1

Buyer

PharmAlliance

Morrisville, North Carolina, United States
Category Company
Sector Life Science
DESCRIPTION

PharmAlliance is a pharmaceutical and life sciences services platform designed to serve a variety of discovery, development, and commercialization needs across the drug and device development lifecycle through diverse and disruptive end-to-end solutions. PharmAlliance is based in Morrisville, North Carolina.

Deal Context for Buyer #
Overall 1 of 2
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
State: North Carolina 1 of 1
Country: United States 1 of 2
Year: 2023 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-16 CHEORS

North Wales, Pennsylvania, United States

CHEORS is a provider of global HEOR and market access services for the pharmaceutical, biotech, and medical device industry. CHEORS provides evidence-based solutions to generate a greater understanding of the clinical and economic value of products for payers, regulators, and prescribers. CHEORS is based in North Wales, Pennsylvania.

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Seller Profile 1

SELLER

Soliant Health

Peachtree Corners, Georgia, United States
Category Company
Founded 1991
Sector Staffing
DESCRIPTION

Soliant Health is a provider of healthcare staffing solutions. The company also provides travel nurses, allied health clinicians and clinical development specialists for the life sciences market. Soliant Health was founded in 1991 and is based in Peachtree Corners, Georgia.

Deal Context for Seller #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
State: North Carolina 1 of 1
Country: United States 1 of 1
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-02 Sunbelt Staffing Solutions

Tampa, Florida, United States

Sunbelt Staffing Solutions, Inc. is a provider of placement services in the areas of nursing, therapy, advanced practice, and schools.

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