Skadden Reps JLL Partners Unit In Medical Tech Buys

Law360, New York (January 30, 2013, 12:36 PM EST) -- A unit of private equity firm JLL Partners Inc. will put up $123 million for Bioclinica Inc., provider of tech-based solutions for clinical trials, as part of a two-prong transaction — which also includes the purchase of a New Jersey medical imaging firm — that will spawn a life sciences company with global reach, the firm said Wednesday.

In addition to Bioclinica, JLL will buy medical imaging firm CoreLab Partners Inc. With both companies in its portfolio, the New York private equity firm will merge them...
To view the full article, register now.