Avania Group B.V.

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Avania Group B.V. - overview

Established

1988

Location

-, -, Netherlands

Primary Industry

Outsourcing

About

Avania Group B. V. is a global contract research organization (CRO) that specializes in advancing medical technologies through comprehensive services from development to commercialization. Founded in 1988 in the Netherlands, Avania Group B.


V. provides integrated services in medical technology. The company has undergone strategic pivots but maintains a focus on supporting clients in the regulatory landscape. CEO Sapna H leads the company, which has been involved in two deals, with the most recent occurring on June 20, 2022.


Avania offers end-to-end services including strategic consulting, product development, data analytics, safety compliance, clinical operations, and market access solutions. Their expertise aids a diverse clientele, including medical device manufacturers and biotech firms in navigating regulatory submissions and conducting clinical studies across North America, Europe, and parts of Asia. In 2021, Avania reported an EBITDA of USD 7,554,265. 40.


Their revenue model is based on project-based contracts with fixed fees for services such as clinical trial management and regulatory consulting, ensuring tailored solutions for healthcare clients throughout the product development lifecycle. The acquisition in June 2022 by Astorg aims to accelerate Avania Group B. V. 's growth through organic initiatives and further acquisitions.


The company plans to expand into new markets in Asia and Europe by the end of 2023, leveraging the recent investment to enhance service capacities and support upcoming product launches designed to address specific regulatory challenges.


Current Investors

Kester Capital

Primary Industry

Outsourcing

Sub Industries

Consulting Services, Outsourcing, Medical Devices & Equipment, Analytics & Performance Software

Website

www.avaniaclinical.com

Verticals

HealthTech

Total Amount Raised

Subscriber access only

Avania Group B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAnagram Esic, SL-
Add-onCompletedIronstone Product Development-
Add-onCompletedHull Associates, LLC-
Add-onCompletedMAXIS, LLC-
Secondary BuyoutCompletedAvania Group B.V.-

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