Healthcare & Life Sciences Private Equity Deal Tracker: Trinity Hunt Acquires Centricity Research

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Trinity Hunt Partners has announced it has made a majority investment in Centricity Research.

Centricity, with its U.S. headquarters in Columbus, Ga., is clinical research services provider. Founded in 2007, the company specializes in conducting Phase I-IV clinical trials across more than 40 therapeutic areas

Trinity Hunt, based in Dallas, is a growth-oriented private equity firm that targets small-cap companies in healthcare and a few other industries. Founded in 1993, the firm typically invests between $15 million and $50 million in companies with between $4 million to $25 million of EBITDA.

McGuireWoods served as legal advisor to Trinity Hunt.

Terms of the acquisition were not disclosed.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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