News for Fairmount Partners

PACT Times October 2018: News

Fairmount is the most active M&A firm based in the Mid-Atlantic, with a national and international practice.  Since 2003, the firm has completed more than 200 transactions throughout North and South America, Europe, Asia and Australia.   Fairmount specializes in advising middle-market companies on sell-side, buy-side and capital placement transactions, and provides fairness opinions and strategic advice in the transaction context.

  • Fairmount Partners represented Wellspring Pharma Services, a Toronto-based contract development and manufacturing organization owned by Sentinel Capital Partners and Ancor Capital Partners, in its sale to ANI Pharma (NASDAQ: ANIP), an integrated specialty pharmaceutical company.  WellSpring Pharma Services is a unique cGMP compliant contract pharmaceutical manufacturer and packager of tablets, capsules, topical semisolids and non-sterile liquids products.  It also offers pharmaceutical contract manufacturing services to the companies in North America and Europe.
  • Fairmount Partners represented Dynamic Health Strategies, LLC (DHS Group) in their acquisition of Connect, a patient information network and suite of healthcare software and hardware products from Ohio-based Olive (f/k/a CrossChx).
  • Fairmount Partners assisted Altasciences Clinical Research in their acquisition of the preclinical testing business of SNBL U.S.A., subsidiary of Shin Nippon Biomedical Laboratories, the leading preclinical provider in Japan.  The transaction is expected to be completed at the end of September. This acquisition will add comprehensive preclinical safety testing services to Altasciences’ current full-service clinical and bioanalytical offerings. Altasciences Clinical Research is a mid-size CRO that encompasses Algorithme Pharma in Montreal, Quebec, Vince & Associates Clinical Research in Overland Park, Kansas, and Algorithme Pharma USA in Fargo, North Dakota, with an overall company focus on supporting early-stage drug development.
  • Fairmount Partners represented FluidEdge Consulting, a national healthcare management consulting company headquartered in Philadelphia, PA, in their acquisition by CitiusTech, a leading provider of healthcare technology solutions and services.  CitiusTech is backed by General Atlantic, a global private investment firm.  FluidEdge focuses its management consulting services within the operations and IT areas of health plan, life sciences and provider organizations.
  • Fairmount Partners represented acquisition of Argint International, a contract research organization based in Budapest, Hungary with operations across Europe, by Precision for Medicine, part of Precision Medicine Group, a specialized services company supporting next-generation approaches to drug development and commercialization.  The acquisition is part of Precision’s global growth plan; Precision’s European footprint now includes and offices in Edinburgh, Paris, Berlin, Geneva, Budapest, Bucharest, Bratislava, and Belgrade.  Hungary is the 20th country in which Fairmount’s Pharmaceutical Services group has completed a transaction.

 


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