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Exclusive: Inflexion’s Phlexglobal for sale

Inflexion Private Equity is looking to sell Phlexglobal, an outsourcing business that provides support services to the clinical research market, sources have told HealthInvestor.

Advisory firm BDO has been appointed to run the sale process.

Phlexglobal, which specialises in providing trial master file (TMF) document management solutions, is believed to have an ebitda of around £5 million, according to a source.

BDO and Inflexion could not be reached for comment.

Inflexion invested in Phlexglobal in 2011.

Established in 1997, Phlexglobal employs around 200 staff across the UK and US and works with a number of pharmaceutical and biotech businesses as well as CROs.

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Posted on: 27/05/2014

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