About This Deal

CHARLES RIVER LABORATORIES INTERNATIONAL, INC. acquired Brains On-Line for $21.3 million in cash (plus contingent payments), a transaction completed in January 2018, structured as all cash.

Brains On-Line operates in Discovery and Safety Assessment (DSA), is based in Netherlands and United States. Brains On-Line was a leading CRO providing critical data that advances novel therapeutics for the treatment of central nervous system (CNS) diseases.

Brains On-Line strategically expands our existing CNS capabilities and establishes us as a single-source provider for a broad portfolio of discovery CNS services. The purchase price for Brains On-Line was $21.3 million in cash.

DSA segment, CNS discovery services

Deal Terms

Acquirer
CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Target
Brains On-Line
Value
$21.3 million in cash (plus contingent payments)
Date
January 2018
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Netherlands and United States
Segment
Discovery and Safety Assessment (DSA)
Structure
All cash
Announced
January 1, 2018
Closed
January 1, 2018

In Their Words

Brains On-Line strategically expands our existing CNS capabilities and establishes us as a single-source provider for a broad portfolio of discovery CNS services. The purchase price for Brains On-Line was $21.3 million in cash.Charles River FY2018 10-K, Business Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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