Deals

Pacific Data Designs Acquired by DW Healthcare Partners November 6, 2008

Overview

On November 6, 2008, DW Healthcare Partners (DWHP) announced the completion of an investment in Pacific Data Design, LLC (PDD) and ClinPro Inc.

Both companies are experienced contract research organizations (CROs) supporting the pharmaceutical, biotechnology, medical device industries.

DWHP is a healthcare focused private equity fund with over $800M under management.

The yet to be named combined company will be led by Chief Executive Officer, Dr. Denis Lin, who successfully led another CRO market segment company in DWHP’s portfolio.

Significance

These acquisitions will create an organization that is a best in class market leader in the CRO market specializing in Data Management and Statistical/Programming services to the Biotech, Medical Device, and Pharmaceutical industries.

The combined company will offer better services because of the increased depth of knowledge, expertise, experience and capacity. Also, the bi-coastal locations will be closer to DWHP’s clients and potential clients.

Crosstree’s Role

Crosstree Capital Partners served as exclusive financial advisor for Pacific Data Designs.

Sub-Sector

Pharma Services

Type

Merger and Acquisition

Deal Tags

Pharma Lab Services
Data Science
Pharma Development
CRO