Private Equity firm Latticework Capital Management acquires Catalina Research Institute

Latticework Capital Management forms site management organisation holding company, acquires Catalina Research Institute

 Latticework Capital Management, a Dallas-based private equity firm focused exclusively on healthcare control investments in the lower middle market, today announced the formation of American Clinical Research Services Holdings and its acquisition of Montclair, CA based Catalina Research Institute. 

Financial terms of the transaction were not disclosed.

LCM has completed more than 75 transactions across a diverse array of healthcare subsectors. The firm employs a “top down” approach to investing, identifying industry themes and trends and focusing on areas of growth and opportunity.

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter

CRI is a premier independent clinical trials center with a mission to improve the quality of life for millions of Americans through scientific research.

“The partnership with LCM provides the opportunity to expand our reach while remaining focused on the collective mission to solve medical problems most important to our community,” said Joe Calleros, Founder and CEO of CRI. “The LCM team has clearly demonstrated their understanding of the clinical trials industry as well as how to achieve revenue growth that outpaces the broader market.”

The acquisition of CRI by ACRS is the first of what is expected to be multiple investments in the broader site management organisation platform.

Source: BusinessWire

Can’t stop reading? Read more