Ergomed plc Acquires MS Clinical Services (MedSource)

December 14, 2020

Ergomed plc has acquired MS Clinical Services, LLC (MedSource), a Houston-based full-service CRO specializing in oncology and rare disease, for an initial $16.2 million in cash plus potential shares and contingent consideration. The acquisition expands Ergomed's US footprint (adding ~110 US employees and offices in Houston, Raleigh and Boston), strengthens its specialist clinical research capabilities and is expected to be immediately accretive.

Buyers
Ergomed plc
Targets
MS Clinical Services, LLC (MedSource)
Location
Texas, United States
Transaction Type
Buyout

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