Audax Private Equity Has Completed Its Acquisition Of The Clinical Services Business Of Avantor And Has Re-branded The Business As Resonant Clinical Solutions
Portfolio Pulse from Nabaparna Bhattacharya
Audax Private Equity has completed the acquisition of Avantor's Clinical Services business, which has been rebranded as Resonant Clinical Solutions.
October 18, 2024 | 11:38 am
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NEUTRAL IMPACT
Avantor has sold its Clinical Services business to Audax Private Equity, which may impact Avantor's focus and financials.
The sale of the Clinical Services business could allow Avantor to streamline its operations and focus on core areas. However, the immediate financial impact is unclear, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80