Ergomed Acquires ADAMAS Consulting Group

February 9, 2022

Ergomed plc has acquired ADAMAS Consulting Group Limited for a cash consideration of £25.6 million (enterprise value £24.2m), adding a specialist regulatory compliance and quality assurance capability to its pharmaceutical services offering. ADAMAS, which recorded £8.5m revenue and £1.8m adjusted EBITDA in 2021, will continue to operate independently with its senior management retained and is expected to be immediately accretive to Ergomed's earnings while expanding the Group's global reach.

Buyers
Ergomed plc
Targets
ADAMAS Consulting Group Limited
Location
United Kingdom
Transaction Type
Buyout

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