Surge Private Equity Invests in Elite Clinical Network
September 8, 2023
Dallas-based Surge Private Equity formed a strategic partnership and majority investment in Elite Clinical Network (ECN), an integrated operator of phase I–IV clinical research sites across California, Arizona and Nevada. The transaction was valued at roughly $200 million and closed with debt financing provided by affiliates of MGG Investment Group LP to support ECN’s national expansion and site growth.
- Buyers
- Surge Private Equity, LLC, MGG Investment Group LP
- Targets
- Elite Clinical Network, LLC
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
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