Quintiles Completes New Investor Partnership

Quintiles Transnational (Research Triangle Park, North Carolina) has completed a new investor partnership in which CEO Dennis Gillings and private investment firms Bain Capital and TPG Capital have become the lead investors.
 
Jan. 28, 2008 - PRLog -- Quintiles Transnational (Research Triangle Park, North Carolina) has completed a new investor partnership in which CEO Dennis Gillings and private investment firms Bain Capital and TPG Capital have become the lead investors.  3i has also made a significant investment and Temasek Holdings remains an investor.  As part of the transaction, former lead investor One Equity Partners (the private equity arm of JPMorgan Chase) has sold its stake in Quintiles to the new partnership.  

Terms of the transaction were not disclosed.  The company incurred no new debt as a result of the deal.

Bain Capital (Boston, Massachusetts) has some $65,000 million in assets under management.  Its other healthcare investments include HCA, Warner Chilcott, CRC Health Group, Stericycle, M|C Communications, Wesley Jessen and Physio Control.  TPG Capital is the global buyout group of private investment firm TPG, which has around $35,000 million of assets under management.  3i has assets of $16,000 million across Europe, North America and Asia.  Temasek Holdings (Singapore) manages a diversified S$164,000 million (US$108,000 million) portfolio, primarily in Asia. Article by www.jobs4dd.com, a specialist online recruitment service for the clinical trial and drug development sectors. Latest news and jobs in the industry are listed on a daily basis.

# # #

www.jobs4dd.com is a specialist online recruitment service for the clinical trial and drug development sectors. Latest news and jobs in the industry are listed on a daily basis. Latest international clinical research jobs, CRM jobs, regulatory affairs jobs, data management jobs, statistician jobs, pharmacovigilance jobs and many more vacancies are listed on the www.jobs4dd.com website. Visit our news archive section at www.jobs4dd.com/news-archive.php

Website: www.jobs4dd.com
End
Jobs4dd Ltd PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share