Private Equity Firm Healthcare

QHP Capital

Raleigh, North Carolina, United States

QHP Capital invests in life sciences and pharma services companies with proven products, services, and enabling technologies, partnering with founders and management teams to create long-term value. The firm is based in the Research Triangle Park area of North Carolina and is the management company for NovaQuest Private Equity.

Focus Areas
Life sciences, Pharmaceutical services, Healthcare services

Tracked deals

10

10 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

8 buyout · 1 addon · 1 growth capital

QHP Capital Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for QHP Capital. 1 2019 2 2021 2 2022 2 2023 2 2024 ~2 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Lexitas Pharma Services, QHP Capital
    Target
    Erie Retina Research, CASExERIE, LLC, Element Erie: Imaging & Reading Center PLLC
    Type
    Buyout

    Lexitas Pharma Services (a QHP Capital portfolio company) acquired Erie Retina Research, along with CASExERIE and the assets of Element Erie: Imaging & Reading Center, to expand its retina-focused clinical research platform. Erie Retina Research will operate as a wholly owned subsidiary of Lexitas, CASExERIE will continue to operate within Erie Retina Research, and Element Erie’s imaging/reading capabilities will be integrated into Lexitas’ trial services.

  • Buyer
    Spectra Medical Devices, LLC, QHP Capital
    Target
    XL Precision Technologies Ltd.
    Seller
    Rubicon Partners Industries
    Industry
    Medical Devices
    Location
    England, United Kingdom
    Type
    Addon

    Spectra Medical Devices, a portfolio company of QHP Capital, has closed its acquisition of XL Precision Technologies Ltd., a Stockton‑on‑Tees based CDMO that manufactures precision micro-components, complex tubular components, and sub‑assemblies for the medical device industry. Rubicon Partners Industries, which acquired XL‑PT in 2008, was the seller; the deal expands Spectra's development and precision‑manufacturing capabilities to better serve medical device OEMs.

  • Buyer
    QHP Capital
    Target
    Univo IRB (formerly Principal IRB)
    Type
    Buyout

    QHP Capital has acquired Principal IRB and relaunched the business as Univo IRB, a next-generation institutional review board focused on agile IRB review services for clinical trials. The investment positions QHP to build and scale a tech-enabled life sciences services platform, leveraging Univo's accredited IRB team and industry-focused technologies to support sponsors, CROs, and device companies.

  • Buyer
    QHP Capital
    Target
    Applied StemCell
    Industry
    Biotechnology
    Type
    Buyout

    QHP Capital has acquired Applied StemCell, a Milpitas, California–based cell and gene therapy CRO/CDMO that provides iPSC and TARGATT gene‑editing platforms for biopharma and research clients. QHP said the acquisition will provide strategic capital and operating support to accelerate ASC's commercial expansion and scale its manufacturing and service capabilities for the cell and gene therapy market.

  • Buyer
    QHP Capital, L.P., Stellus Capital Management, LLC
    Target
    COPILOT Provider Support Services, LLC

    QHP Capital, L.P. has made an investment in COPILOT Provider Support Services, a Maitland, Florida-based hub services platform that provides reimbursement and patient-access solutions to pharmaceutical companies and healthcare providers. Stellus Capital Management provided unitranche financing and an equity co-investment to support QHP's investment and the company's continued growth and capability expansion.

  • Buyer
    QHP Capital, L.P.
    Target
    AutoCruitment, LLC
    Type
    Buyout

    QHP Capital, the management company for NovaQuest Private Equity, has acquired AutoCruitment, a digital patient recruitment platform that helps pharma, biotech and CROs identify, screen and recruit patients for clinical trials. Monroe Capital provided a senior credit facility to support the acquisition, and QHP says the investment will support continued growth and capability expansion of AutoCruitment's digital patient recruitment offerings.

  • Buyer
    QHP Capital, NovaQuest Private Equity
    Target
    Lexitas Pharma Services
    Type
    Buyout

    QHP Capital, the management company for NovaQuest Private Equity, has acquired Lexitas Pharma Services, a Durham-based full-service ophthalmology contract research organization (CRO). The private equity investment is intended to support Lexitas’s continued growth and capability expansion in ophthalmic clinical trial services for biopharmaceutical and medical device clients.

  • Buyer
    NovaQuest Private Equity
    Target
    Pro-ficiency
    Type
    Buyout

    NovaQuest Private Equity has acquired a majority interest in Pro-ficiency, a Durham, North Carolina–based provider of simulation-based clinical trial training, compliance solutions, and analytics for sponsors and CROs. The growth equity investment will support Pro-ficiency's expansion of its platform, content, and team; deal terms were not disclosed.

  • Buyer
    NovaQuest Private Equity
    Target
    CoreRx, Inc.
    Seller
    Affiliates of Signet Healthcare Partners
    Industry
    Pharmaceuticals
    Type
    Buyout

    NovaQuest Private Equity acquired CoreRx, Inc., a Clearwater, Florida–based contract development and manufacturing organization (CDMO). Affiliates of Signet Healthcare Partners will retain a minority stake; Goldman Sachs Specialty Lending Group provided debt financing. NovaQuest said the investment will support continued growth and capability expansion of CoreRx's clinical and commercial CDMO services.

  • Buyer
    CutisPharma, Inc., NovaQuest Private Equity (QHP Capital)
    Target
    Silvergate Pharmaceuticals, Inc.
    Industry
    Pharmaceuticals
    Type
    Buyout

    CutisPharma, majority-backed by NovaQuest Private Equity (now QHP Capital), has acquired Silvergate Pharmaceuticals and the combined company will be rebranded as Azurity Pharmaceuticals. The transaction consolidates complementary specialty pharmaceutical portfolios and capabilities—combining CutisPharma’s recently launched products with Silvergate’s SG-05 pipeline submission—and is supported by debt financing arranged by Goldman Sachs Specialty Lending Group.

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