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HIG Capital exits Celerion in $1.8bn sale

privateequitywire

3 months ago

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HIG Capital has completed the sale of clinical research organisation Celerion Holdings to funds affiliated with THL Partners in a $1.8bn transaction, marking another realisation from its Advantage investment strategy amid an improving backdrop for private equity exits.
Celerion, which provides early-stage clinical trial and drug development services to pharmaceutical and biotech companies, represents a core healthcare services asset within HIG’s portfolio. The business operates across North Amer...

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