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CRO company in Central Europe for sale

  • Sales: <5M EUR
  • Profitability: >20% EBITDA
  • Location: Germany
  • Employees: 11
  • Reason for sale: Exit by founders after a couple of decades
  • #CFIE PHS010

Overview of this German CRO for sale

The owners of this well-established CRO are looking for a strategic growth partner, able to take the company to the next level, beyond DACH markets into a more diversified international customer base and multi-million recurring revenue.
The company for sale has a reputation for high-quality work, reliability, and customer satisfaction. The acquisition would be ideal for an international CRO active in Europe or the USA, which would like to have a high-quality clinical research organization company under the roof.
The company was founded by owners with over 15 years of experience each in clinical research, clinical project management, and regulatory submissions in the DACH region. Currently, some of the owners would like to exit, while another would stay long-term if desired. The responsibilities of departing shareholders could be redistributed internally or strengthened with external hires eventually.

Profile of this German CRO for sale

This clinical research organization (CRO) has a focus on drugs studies but also experience with medical devices, having accumulated significant knowledge from multiple projects over the years across many indications, from CNS, cardio, or oncology to diabetes. There is strong demand for the company’s services as more pharma companies outsource this area.

Long-standing relationships with other CROs, membership in two European CRO networks, and referrals provide a stable stream of business with little need for business development. As a Germany-based CRO, it gets hired for completion of the “German leg” of multi-site, multi-country trials.
Identified future growth could be unleashed by more aggressive business development in the USA and consolidation of its growing patient recruitment expansion in an Easter European nation.

The consulting staff of the company is professional, highly trained and experienced, which would be of great value to the new owner given the growing demand for and scarcity of such talent across Europe. Currently, the company employs more than 10 people, all of them operational.
Being a small company, this CRO is quite flexible and adaptable to the ongoing fast-paced environment. Staff turnover has been and remains low.
The company enjoys excellent customer relationships, with high satisfaction ratings and recurring revenue from several, long-term clients.

SOLD
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Products and services of this German CRO for sale

The company has built a trustworthy and reliable reputation offering many standard CROs services in-house, with some additional services offered through alliances with established external partners. Most requested CRO services by clients include:

  • Clinical Research Consulting
  • Protocol Design and Development
  • Project Management
  • Site Identification, Selection, and Initiation
  • Clinical Study Monitoring
  • Contract Management and Investigator Payments
  • Medical Monitoring
  • Drug Safety
  • Quality Assurance
  • Legal Representative Services
  • Medical Writing
  • Regulatory Affairs
  • Study Feasibilities

Commitment to patient recruitment and high-quality services has resulted in repeated business from leading US, European, and international biotech firms for projects in Germany, where the company has built solid relationships with trial sites and PIs for many indications.

As part of two large European CRO networks, this German firm can deliver and coordinate services across all major European clinical trial markets, like the EU-5, DACH, Belgium, France, Italy, Poland, Scandinavia, Spain, and the United Kingdom.

Highlights of CRO company in Central Europe

  • The company is in a growth phase, and, with the right partner, could rapidly position itself in the mid-range of EU CROs
  • A highly experienced team with one of the founders can support future expansion
  • Strong cashflow generation can finance steady organic growth, while additional funds can support acquisitions and investment in technology to boost revenue faster.

More information on this highly-profitable German CRO for sale

Please get in touch if you are interested in learning more about this highly-profitable German CRO for sale. For more cro companies for sale please visit the section cro companies for sale. For other cro buyers, please visit the section cro companies wanted. If you are instead interested in pharma companies for sale, please visit the pharma companies for sale section. For pharma buyers, please visit the section pharma companies wanted.

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