Ropes & Gray advised GHO Capital LLP in its acquisition of Velocity Clinical Research. Terms of the transaction, which was announced on April 8, were not disclosed. The press release is here.
Velocity Clinical Research is an integrated site organization for clinical trials, offering dedicated site capabilities to help biopharmaceutical and contract research organization customers find the right patients for their studies. Global Healthcare Opportunities, or GHO Capital Partners, is a leading specialist healthcare investment advisor based in London.
The Ropes & Gray team that represented GHO Capital was led by private equity partner Timothy Castelli (Chicago), and included private equity partner Neill Jakobe (Chicago), employment, executive compensation & benefits partner Jennifer Cormier (Boston), health care partners Deborah Gersh (Chicago) and Mark Barnes (Boston), life sciences regulatory & compliance partner Albert Cacozza (Washington D.C.), tax partner Elaine Murphy (Boston), finance partners Alexander Zeltser (Boston), Andrea Hwang (New York) and Alexander Robb (London).
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