Healthcare M&A » By The Online Investor Staff, updated Mon., Aug. 10, 12:25 AM
Recent mergers and acquisitions in the Healthcare M&A category.
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Slide #56. ICON — Aptiv Solutions
Acquirer:
ICON (NASDAQ:ICLR)
Acquiree:
Aptiv Solutions
Details:
ICON plc, (NASDAQ:ICLR), a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, today announced that it has agreed, subject to certain closing conditions, to acquire Aptiv Solutions for a cash consideration of $143.5 million. Aptiv Solutions is owned by The Halifax Group, SV Life Sciences, Comvest Partners and Management.
Icon is a clinical research organization, which provides outsourced development services to the pharmaceutical, biotechnology and medical device industries. Co. focuses on development, management and analysis of programs that support all stages of the clinical development process - from compound selection to Phase I-IV clinical studies. Co. is engaged in providing services to its customers, which include clinical trial management, consulting, contract staffing and laboratory services. Co. has capability to conduct clinical trials in therapeutic areas and has the operational flexibility to provide development services on a stand-alone basis or as part of an integrated full service solution.
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