Our Deals
Deals
Fountain Medical Development (FMD) merged with K&L consulting services September 1, 2014
Overview
Fountain Medical Development (“Fountain”), a contract research organization providing phase I through IV clinical development services for multinational pharmaceutical companies throughout China and greater East Asia, has completed its merger with K&L Consulting Services (“K&L”), a Pennsylvania-based contract research organization providing data management, biostatistics, statistical programming, and medical writing services for multinational pharmaceutical and medical device companies.
Significance
The merger with K&L, formalizing a partnership that began in 2013, expands Fountain’s existing data management and biostatistics capacity and customer base.
Crosstree’s Role
Crosstree served as the exclusive financial advisor to Fountain Medical Development.
Sub-Sector
Pharma Services
Healthcare Technology
Type
Merger and Acquisition
Deal Tags
Pharma Lab Services
Clinical Trials
Cross-border
Data Science
Pharma Development
Healthcare Technology
International client or transaction
Medical Device