Register Now
Why register?
Login
 The leading web portal for pharmacy resources, news, education and careers November 19, 2018
Pharmacy Choice - Pharmaceutical News - BlackArch Partners Advises PCI Synthesis on Sale to Novacap SAS [Arab News (Saudi Arabia)] - November 19, 2018

Pharmacy News Article

 7/21/18 - BlackArch Partners Advises PCI Synthesis on Sale to Novacap SAS [Arab News (Saudi Arabia)]

(PRWeb) - BlackArch Partners LLC (BlackArch) is pleased to announce the sale of PCI Synthesis (PCI or the Company), to Novacap SAS (Novacap).

PCI Synthesis (https://www.pcisynthesis.com), headquartered in Newburyport, MA, is a leading contract developer and manufacturer (CDMO) of active pharmaceutical ingredients (APIs). The Company maintains a full range of API development and manufacturing services for small molecule new chemical entities and niche generic APIs and is uniquely positioned to deliver end-to-end process research and development through commercial scale manufacturing. PCI serves a diverse base of small, mid-size and large global innovator and generic pharmaceutical customers from more than ~75,000 sq. ft. of facilities that are local to Boston, one of the largest and most innovative pharmaceutical hubs in the United States.

The Company has experienced double-digit growth for the past five years and has expanded its capabilities to include GMP manufacturing of nutraceuticals and pharma foods, large-scale cryogenic manufacturing, large-scale chromatography, controlled substance development and medical-grade polymers. PCIs premier services have earned them numerous awards and recognition as being a top performer amongst its CDMO peers.

Ed Price, the CEO and founder of PCI Synthesis commented: BlackArch truly understands our business and industry. Their guidance in terms of positioning PCI strategically, operationally and financially to buyers was invaluable and resulted in an exceptional outcome for our Company. They worked tirelessly to execute and close this transaction while securing an ideal partner we are excited to work with.

BlackArch was retained by PCI synthesis to serve as its exclusive financial advisor given BlackArchs depth of experience and global reach in the pharmaceutical services sector.

Transaction Highlights

After a highly efficient and global sale process PCI agreed to be acquired by Novacap

PCI, the first acquisition by Novacap in the U.S., will be Novacaps lead U.S. company and the combination provides PCI Synthesis with additional resources to continue its development while reinforcing Novacaps global leadership in pharmaceutical synthesis

BlackArch leveraged its deep end market and business knowledge in pharmaceutical services to achieve a superior outcome for the Company and its shareholders

About PCI Synthesis PCI Synthesis is a Pharmaceutical Development CDMO (Contract Development and Manufacturing Organization) based in Newburyport, Mass. and is the largest small molecule drug substance manufacturer in the New England area. A wholly-owned subsidiary of Novacap, PCI Synthesis is also a commercial manufacturer of new chemical entities (NCEs), generic active pharmaceutical ingredients (APIs), and other specialty chemical products for the medical device industry. As a CDMO, PCI Synthesis provides emerging and mid-sized pharmaceutical companies access to the expertise needed to develop and manufacture complex small molecules.

About Novacap Novacap is a global player in pharmaceutical synthesis, advanced specialties and cosmetics. The Group offers its clients custom manufacturing services for pharmaceutical and speciality markets as well as a large portfolio of APIs & pharmaceutical intermediates. Novacap also boasts leading positions in a variety of markets, including cosmetics and fragrances, electronics, home care, food and feed or environment. Novacap sets itself apart not only by the outstanding quality of its products but also by its culture of excellence which aims at providing its clients with the best level of service. Novacap posted sales of $1bn in 2017, operates 28 industrial plants and employs more than 3,000 people across the world.

About BlackArch Partners BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, North Carolina, with offices in New York, New York, Chicago, Illinois and Houston, Texas, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on 4 continents. For more information, visit http://www.blackarchpartners.com.

Securities offered through BlackArch Securities LLC. Member FINRA and SIPC. Testimonials may not be representative of the experience of all clients. Testimonials are not a guarantee of future performance or success.



(c) Copyright: Arab News 2018 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Pharmacy News Index
  Drug Delivery Systems
  Drugstores
  FDA Final Approvals
  Front Page Healthcare News
  Generic Drugs
  Hospital Industry
  Internet Pharmacy
  IT in Healthcare
  Medicare & Medicaid
  Over-the-Counter Drugs
  Pharm Industry Trends and Policy
  Pharmaceutical Development
  Pharmaceutical Industry

LIVE ONLINE CE

Last Chance
Nov 19: ADHD in Children & Adults: Etiology, Pathology, Pharmacotherapy
Last Chance
Nov 20: Acne Vulgaris: Comprehensive Pharmaceutical Care
Nov 26: COPD Update for Pharmacy Professionals
Nov 27: Management of Bipolar Disorder
Nov 28: A Primer to Paleo
Click for entire Webinar Calendar

Special Announcement

Free Membership
Enjoy Drug Search, industry newsletters and more...

Nursing Jobs
Are you a nurse looking for a job?

Check out the Nursing Job Source.

Your number one choice for nursing jobs.



Websites » RxCareerCenter.comRxSchool.comClubStaffing.comNursingJobSource.comRN.com
Copyright © 2018 Pharmacy Choice - All rights reserved.
Terms and Conditions | Privacy Statement
888-682-4415