Blackstone and CPP Investments Acquire Majority Stake in Advarra

Genstar Capital Acquires Advarra from Linden Capital Partners

June 6, 2019

Healthcare Services

Genstar Capital has signed and completed a definitive agreement to acquire Advarra, a leading provider of IRB, IBC and research compliance services, from Linden Capital Partners; Linden intends to reinvest as a minority investor upon closing. Advarra, headquartered in Columbia, Maryland, serves pharma, biotech, medical device companies, CROs and academic medical centers (relationships with over 3,200 institutional sites); Genstar plans to expand Advarra’s capabilities and pursue organic growth and strategic acquisitions.

Advarra Acquires Forte

September 5, 2019

Software

Advarra, a leading provider of IRB and research compliance services, announced its intent to acquire Forte, a market-leading provider of clinical research technology including the OnCore CTMS. The deal (Forte sold by Primus Capital) expands Advarra's site-centric technology and eClinical capabilities to better serve academic medical centers, cancer centers, and health systems.

Advarra Acquires Bio-Optronics from Mainsail Partners

March 9, 2021

Software

Advarra has acquired Bio-Optronics, the maker of the CCTrialSuite clinical trial management system (CTMS), from growth equity firm Mainsail Partners. The acquisition expands Advarra's site-focused technology portfolio, broadens its coverage of site networks and health systems, and enhances capabilities for connecting sponsors, CROs and research sites.

Advarra Acquires YourEncore

January 7, 2021

Healthcare Services

Advarra has acquired YourEncore, a provider of drug development and commercialization advisory and consulting services. The acquisition expands Advarra's consulting capabilities—combining YourEncore's centers of excellence in quality, regulatory, and clinical with Advarra's IRB, IBC review and clinical site technology offerings to better serve biopharmaceutical sponsors, device manufacturers and academic medical centers.

Advarra Acquires IntegReview IRB

November 9, 2020

Healthcare Services

Advarra has acquired IntegReview IRB, an AAHRPP-accredited central IRB based in Austin, Texas. The acquisition expands Advarra's IRB and early-phase clinical research capabilities, establishes its first office in the southern U.S., and will be integrated into Advarra over approximately six months.

Advarra Acquires IRB Company, Inc. (IRBco)

April 20, 2020

Healthcare Services

Advarra, a leading provider of IRB, IBC, research technology and compliance services, has acquired IRB Company, Inc. (IRBco), an AAHRPP-accredited central IRB that has conducted research reviews in the U.S. since 1981. The acquisition expands Advarra’s integrated IRB capabilities and institutional reach across the clinical research ecosystem.