PCP-Backed Manna Research Acquires Two Québec Clinical Sites

Manna Research Inc., a provider of outpatient clinical research through its integrated site network, has acquired Québec City-based Pro-Recherche and Montréal-based Kells Medical Research Group, which operate in the same sector. Financial terms of the deal were not published. Montréal-based Manna Research is a portfolio company of Canadian healthcare-focused private equity firm Persistence Capital Partners, which earlier this year raised $90 million in the first close of Persistence Capital Partners II LP.

19 July 2013•2 mins read
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