NAMSA Expands with Acquisition of WuXi AppTec Testing Facilities

Deal News | Jan 21, 2025 | EIN

NAMSA Expands with Acquisition of WuXi AppTec Testing Facilities

In a notable transaction within the medical technology sector, US-based NAMSA, a medtech testing, clinical, and regulatory consulting firm, has signed a definitive agreement to acquire the medical device testing units of WuXi AppTec in Georgia and Minnesota. This acquisition is the ninth for NAMSA since being acquired by ARCHIMED, a global investment firm focusing on healthcare, in 2020. Dechert, a global law firm, advised NAMSA in this transaction. This strategic move aims to expand NAMSA's clinical research and testing solutions, addressing the increasing regulatory requirements in the medtech industry. The law firm Dechert's team, led by corporate partners Michael Darby and Alain Decombe, played a pivotal role in structuring the deal. NAMSA's acquisition aims to enhance its outsourcing and in-house services to mitigate risk and improve stakeholder value for its clients, while WuXi AppTec's facilities will complement NAMSA's capabilities, potentially accelerating MedTech innovation globally.

Sectors

  • Healthcare
  • Legal Services

Geography

  • United States – The transaction involves the acquisition of testing facilities in Georgia and Minnesota by a US-based company.
  • Global – NAMSA is backed by ARCHIMED, a global investment firm, indicating the international scope of the business.

Industry

  • Healthcare – The acquisition involves companies specializing in medical technology and healthcare services.
  • Legal Services – Dechert LLP, a legal advisory firm, played a significant role in structuring the acquisition deal.

Financials

    Participants

    NameRoleTypeDescription
    NAMSABuyerCompanyA medtech testing, clinical, and regulatory consulting firm based in the US.
    WuXi AppTecVendorCompanyA company providing medical device testing units, selling its facilities in Georgia and Minnesota.
    Dechert LLPLegal AdvisorCompanyA global law firm that advised NAMSA on the acquisition.
    ARCHIMEDInvestorCompanyA global investment firm focusing on the healthcare sector, owner of NAMSA.