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THL Acquires Celerion from H.I.G.

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3 weeks ago

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THL Partners has agreed to acquire a majority stake in Celerion, a Nebraska-headquartered clinical research organization specializing in early-phase clinical pharmacology and bioanalytical sciences, from H.I.G. Capital for approximately $1.8 billion.

Founded by Dr. Susan Thornton in 2010 from the clinical business of MDS Pharma Services — itself tracing its history to Harris Laboratories’ first clinical trial in Lincoln in 1969 — Celerion specializes in first-in-human dose escalation, cardiac s...

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