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American Capital commits $391 million in combined company
October 29, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Water Street Healthcare Partners has sold its pharmaceutical outsourcing services company, AAIPharma Services Corp., to Cambridge Major Laboratories Inc. (CML), and AAIPharma and CML have merged to form a provider of integrated chemistry, manufacturing and controls (CMC) services. Patrick D. Walsh will serve as the chief executive officer of the merged company. American Capital, Ltd. has committed $391 million to the combination of its portfolio company CML with AAIPharma. CML is a global prov...
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