PharmaLogics Recruiting, LLC

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PharmaLogics Recruiting, LLC - overview

Established

2003

Location

Quincy, MA, US

Primary Industry

Outsourcing

About

PharmaLogics Recruiting, LLC is a specialized recruitment firm focusing on the life sciences sector, delivering tailored solutions to biopharmaceutical, medical device, and clinical research organizations with an innovative Anti-Fee Model for effective talent acquisition. Founded in 2003 in Quincy, US, PharmaLogics Recruiting, LLC specializes in recruitment services for the life sciences industry. The company underwent a change in ownership when it was acquired by Webster Capital in January 2017. The founder's detailed history is not provided.


PharmaLogics Recruiting specializes in providing recruitment solutions tailored to the life sciences sector, focusing on biopharmaceutical, medical device, and clinical research organizations. Their core product offerings include a unique Anti-Fee Model that allows clients to pay for actual time spent on recruitment processes rather than traditional percentage-based fees, promoting cost efficiency and transparency. The company serves a diverse clientele, ranging from large pharmaceutical companies based in Europe to emerging biotech firms and academic institutions seeking skilled talent for roles in clinical development, drug safety, and regulatory affairs. PharmaLogics Recruiting operates primarily in North America and Europe, addressing the recruitment needs of organizations involved in all phases of drug development and healthcare innovation.


The revenue model of PharmaLogics Recruiting is structured around service contracts that facilitate B2B transactions with clients in the life sciences industry. Clients engage PharmaLogics through various partnerships and service agreements, utilizing their recruitment expertise to fill critical positions in clinical trials and research departments. The firm generates revenue through its fee-for-service structure, which includes customized recruitment solutions tailored to the specific needs of each client. Additionally, the company may offer tiered service packages to meet varying client requirements, ensuring they can cater to both large enterprises and small startups efficiently.


This approach allows PharmaLogics Recruiting to maintain a steady stream of revenue while providing targeted recruitment services aligned with industry demands. As of January 2017, following the acquisition by Webster Capital, PharmaLogics Recruiting plans to leverage its new resources for expanding its market presence. The company aims to enhance its product offerings and may launch new recruitment solutions tailored to evolving industry needs. Plans for geographic expansion are focused on increasing operations in both North American and European markets to better serve clients in the life sciences sector.


Recent funding will support these initiatives, facilitating the development of new service packages and improving operational capabilities.


Current Investors

Webster Equity Partners

Primary Industry

Outsourcing

Sub Industries

Recruitment/Executive Search, BPO Services, Healthcare

Website

www.pharmalogicsrecruiting.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

PharmaLogics Recruiting, LLC - 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-onCompletedIsologic Innovative Radiopharmaceuticals, Ltd.-
BuyoutCompletedPharmaLogics Recruiting, LLC-

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