PEDIA RESEARCH, LLC HAS BEEN ACQUIRED BY QUALMEDICA RESEARCH, LLC

ABOUT THE DEAL:

Pedia Research, LLC (also referred to as the “Company,” “Pedia,” or “Sellers”) has been acquired by Qualmedica Research, LLC (“Qualmedica” or the “Buyers”).

Headquartered in Evansville, Indiana, Pedia is a focused team of health professionals that are dedicated solely to “Improving Health Through Research.” The Company’s team includes study coordinators, physicians, scientists, nurses, and administrative specialists. Together, with its study volunteers and study sponsors, the Company conducts clinical research studies to establish the efficacy and safety of pharmaceutical and health care products for infants, children, adolescents, and adults. For over twenty years, Pedia Research, LLC has provided vital research data to its pharmaceutical clients to support their new or improved medications to prevent and treat disease. The Company also promotes the advancement of medical knowledge by contributing or authoring the published results of its research findings. Pedia is a leader in discovering innovative ways to recruit and improve the processes of conducting clinical trials and strives to be a strategic partner in the long-term success of their clients.

Qualmedica Research, LLC is a multi-site, clinical research provider with over twenty years of experience providing high-quality, compliant pharmaceutical research. Qualmedica’s mission is to enable better health for patients that will benefit from new or improved drugs. Qualmedica partners with physicians and sponsors to bring therapeutics to market that are safe, effective, and meaningful to a patient’s quality of life. Qualmedica Research, LLC has extensive experience conducting phase II, III, and IV trials across a comprehensive list of conditions, and a customer list that includes more than 100 pharmaceutical companies and CROs.

Allston Advisory Group served as the exclusive financial advisor to the Sellers, Pedia Research, LLC. Allston established a valuation assessment of the Company, conducted a confidential and competitive sale process, assisted with the Buyer’s due diligence, and facilitated a successful transaction on behalf of the Sellers.

ABOUT ALLSTON ADVISORY GROUP, LLC:

Allston Advisory Group, LLC is an experienced M&A advisory firm providing mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.

For additional information on this deal, please contact one of our advisors.