Deals

Endpoint received a strategic investment from Chiltern March 31, 2010

Overview

Chiltern International Limited (Chiltern), a global contract research organization (CRO) announced a strategic partnership with Endpoint.

With this investment, Chiltern becomes a minority shareholder in the company established in April 2009.

Significance

Glenn Kerkhof, Chiltern CEO, stated, “Chiltern’s decision to invest in Endpoint is representative of our commitment to seek collaborations which connect Chiltern and our clients with leading edge solutions as well as our belief in the technology that endpoint has developed. We believe that endpoint has listened – and is responding – to the industry’s needs for IVR/IWR solutions and we look forward to introducing endpoint to our customers as a Chiltern qualified vendor that will meet their needs and exceed their expectations in a manner that mirrors Chiltern’s commitment to the same.”

Jonathan Dole, Endpoint CEO, stated, “Our experience in the IVR/IWR space, coupled with a fresh and logical approach to systems development, is giving our customers the agility they need in a constantly changing R&D environment. “

Crosstree’s Role

Crosstree Capital Partners served as the exclusive financial advisor for Endpoint.

Sub-Sector

Pharma Services
Healthcare Technology

Type

Recapitalization / Restructuring

Deal Tags

Pharma Lab Services
Clinical Trials
Pharma Development
Patient and Site Engagement