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HGI Clinical acquires Proxima Clinical Research

PRIVATENov 06, 20257 months ago

Acquiring Company

HGI Clinical

Acquired Company

Proxima Clinical Research

HoustonHoustonBiotechnologyHealth CareMedicalBiotechnologyHealth Care

Description

HGI Clinical has acquired Proxima Clinical Research, appointing Eric Ross as the new CEO to accelerate growth. Proxima, a MedTech contract research organization, has strengthened its position in the industry through this acquisition. The move aims to enhance collaboration and innovation within the Houston MedTech ecosystem. Both companies are focused on improving patient outcomes through effective clinical trials.

Company Information

Company

HGI Clinical

Location

Houston, Texas, United States

About

HGI Clinical specializes in early-phase oncology and cell and gene therapy development. They focus on providing innovative solutions in medical research. The company works closely with various healthcare stakeholders to drive advancements in treatment. HGI Clinical aims to foster clinical success through strategic collaborations.

Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed