Ropes & Gray Represents New Mountain Capital, LLC in a Partnership with Cytel, Inc.
Cytel, Inc., the leading global provider of innovative analytical software and services to the life sciences industry, has partnered with New Mountain Capital, LLC, a growth-oriented investment firm. Cytel, headquartered in Cambridge, MA, is widely recognized as the industry pioneer of adaptive clinical trials and a thought-leader in statistical science. New Mountain identified Cytel through its long-standing commitment to healthcare and life sciences, with a particular focus on technology-enabled services. The deal was announced on November 1.
The Ropes & Gray team was led by mergers & acquisitions partner John Sorkin and private equity partner Garrett Charon.