CCMP Confirms Buy of Medpace, Deal Valued at Roughly $500 Mln

CCMP Capital Advisors is buying 80% of Medpace via a recap. Management will own the rest, according to a statement Monday. News of the deal was reported by peHUB last week. The transaction is valued at roughly $500 million, a person said. Cincinnati-based Medpace is a CRO that provides Phase I-IV core development services for drug, biologic, and device programs.

23 May 2011•2 mins read
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