Center for Advanced Research & Education
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Center for Advanced Research & Education - overview
Location
Gainesville, GA, US
Primary Industry
Healthcare
About
Based in the USA, the Center for Advanced Research & Education provides vital clinical trial services aimed at enhancing health outcomes through rigorous research. The Center for Advanced Research & Education (CARE) specializes in the management and execution of clinical trials across various therapeutic areas. The company is headquartered in Gainesville, US. In May 2025, Flourish Research agreed to acquire CARE to enhance its reach within the southeast region and strengthen relations with leading pharmaceutical clients.
The founder’s background is not publicly specified, and there are no noted pivots or subsidiary relationships. The Center for Advanced Research & Education (CARE) offers a comprehensive suite of clinical trial services focused on advancing health and well-being through research on various diseases. CARE conducts phase I-IV clinical trials in areas such as musculoskeletal, endocrine, neurological, and cardiovascular diseases. Their primary offerings include managing trials from patient recruitment to data analysis, thereby contributing to the development of new treatment options for their clients, primarily pharmaceutical and biotechnology companies.
CARE's revenue model is driven by partnerships with pharmaceutical and biotechnology firms sponsoring clinical trials. These partnerships involve financial arrangements where sponsors cover trial costs, including patient recruitment and data management. CARE engages in B2B transactions where sponsors provide funding for access to trial data and insights, with transaction structures often including milestone payments based on trial progress. In May 2025, Flourish Research announced an acquisition of the Center for Advanced Research & Education, which will allow Flourish to expand its geographic footprint in the southeast region and enhance connections with major pharmaceutical clients.
This strategic move is anticipated to bolster CARE's capabilities in clinical research and improve service offerings as part of Flourish's broader expansion plans.
Primary Industry
Healthcare
Sub Industries
Healthcare, Clinics/Outpatient Services, Healthcare IT, Healthcare Specialists, Pharmaceutical Research & Development
Website
www.carega.net/
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Center for Advanced Research & Education - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Center for Advanced Research & Education | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.