RC Capital Acquires Majority Stake in Cognitive Research Corporation
October 25, 2022
RC Capital completed a growth recapitalization investment to acquire a majority stake in Cognitive Research Corporation (CRC), a St. Petersburg, Florida-based contract research organization specializing in CNS clinical development and cognitive assessment technology. The investment will fund business development, service expansion and global growth while founders and management retain a significant ownership position; financial terms were not disclosed.
- Buyers
- RC Capital
- Targets
- Cognitive Research Corporation
- Sellers
- Dr. Tom Hochadel, Dr. Gary Kay, Dr. Thomas Crook, Steven Horohonich, Company management
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Growth capital
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