Operating Company Healthcare

CenExel Clinical Research

Salt Lake City, Utah, United States

CenExel is an integrated, wholly owned, nationwide clinical research site network comprised of Centers of Excellence that supports complex clinical trial outcomes with scientific expertise, operational efficiencies, and patient engagement (Phase I–IV across multiple therapeutic areas, with emphasis on CNS/neurology/psychiatry).

Focus Areas
Clinical research site network, Clinical trial services (Phase I–IV), Centers of Excellence
Website
cenexel.com

Tracked deals

8

8 tracked deals across 2021-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

7 buyout · 1 divestiture

CenExel Clinical Research Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for CenExel Clinical Research. 3 2021 5 2022

Supporting Data

Recent Transactions

  • Buyer
    CenExel Clinical Research, Inc. (CenExel)
    Target
    Apex Innovative Sciences, Inc., Collaborative Neuroscience Research (CNS), Hassman Research Institute (HRI)
    Seller
    Bison Capital Partners V, LP
    Location
    United States

    CenExel Clinical Research has acquired Apex Innovative Sciences, Inc. from Bison Capital Partners V, LP. The transaction adds Apex’s CNS-focused clinical research sites (including Collaborative Neuroscience Research and Hassman Research Institute) — five centers across California and New Jersey with substantial early‑phase and inpatient capacity — expanding CenExel’s neuroscience capabilities and geographic footprint.

  • Buyer
    CenExel
    Target
    iResearch
    Seller
    iResearch (co-founders Heather Beitz and Sara Castle)
    Type
    Buyout

    CenExel, a Salt Lake City–based clinical research site network, acquired iResearch, a multi-specialty clinical research site with locations in Decatur and Savannah, Georgia. The deal strengthens CenExel's CNS (psychiatry and neurology) and dermatology trial capabilities while expanding its patient reach in the Atlanta metro and throughout Georgia.

  • Buyer
    CenExel Clinical Research, Inc.
    Target
    CTSdatabase
    Type
    Buyout

    CenExel Clinical Research has acquired CTSdatabase, a global duplicate-subject detection and clinical trial registry led by Dr. Thomas M. Shiovitz. The acquisition integrates CTSdatabase's subject-detection capabilities into CenExel's site network to improve data quality across clinical trials while CTSdatabase will continue to operate independently and support external sponsors and CROs.

  • Buyer
    CenExel Clinical Research, Inc.
    Target
    Rocky Mountain Movement Disorders Center (CenExel RMCR)
    Seller
    Rocky Mountain Movement Disorders Center, Dr. Rajeev Kumar
    Type
    Buyout

    CenExel Clinical Research, Inc. acquired the clinical research site operations of Rocky Mountain Movement Disorders Center (now CenExel RMCR), expanding CenExel's neurology/CNS trial capabilities and site network. Objective, Investment Banking & Valuation acted as exclusive sell-side advisor to Rocky Mountain Movement Disorders Center and the transaction will allow the center to leverage CenExel's centralized processes and network.

  • Buyer
    CenExel Clinical Research, Inc.
    Target
    California Neuroscience Research
    Type
    Buyout

    CenExel Clinical Research, a Salt Lake City–based clinical research site network, has acquired California Neuroscience Research, a Los Angeles area neurology and psychiatry clinical research facility led by Dr. Tom Shiovitz. The acquisition strengthens CenExel's central nervous system (CNS) trial capabilities and expands its patient reach in the Los Angeles market.

  • Buyer
    CenExel Clinical Research, Inc.
    Target
    Advanced Memory Research Institute
    Location
    United States
    Type
    Buyout

    CenExel Clinical Research, Inc. has acquired Advanced Memory Research Institute (CenExel AMRI), the largest Alzheimer's Disease clinical research site in the U.S. Northeast. The deal expands CenExel's CNS and Alzheimer's trial capabilities by integrating AMRI into its Centers of Excellence network; Provident Healthcare Partners served as exclusive sell-side financial advisor.

  • Buyer
    CenExel Clinical Research, Inc.
    Target
    ForCare Clinical Research
    Type
    Buyout

    CenExel Clinical Research has acquired Tampa-based ForCare Clinical Research, adding a dermatology- and immunology-focused clinical research site to its Centers of Excellence network. The addition strengthens CenExel's capabilities to conduct Phase I–IV trials across dermatology, immunology and other therapeutic areas and will integrate ForCare into CenExel's centralized operations and quality systems. Provident Healthcare Partners served as exclusive sell-side financial advisor to ForCare in the transaction.

  • Buyer
    CenExel Clinical Research, Inc.
    Target
    CITrials
    Type
    Buyout

    CenExel Clinical Research, a U.S.-based network of clinical research sites, has acquired CITrials, a Southern California clinical research firm operating three sites serving Los Angeles, Orange, and Riverside/San Bernardino counties. The acquisition expands CenExel's capacity and capabilities in psychiatric and neurological (CNS) research and enables greater integration with its other Southern California operations.

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