Mindlance Acquires Pharmaceutical Clinical Associates

New Jersey Business Broker

Mindlance Life Sciences Acquires Pharmaceutical Clinical Associates

Red Bank, NJ, United States – Rick Fulton, a New Jersey based business broker, and an advisor to privately held and family-owned businesses for exit planning, business valuation, and mergers and acquisitions, has announced the sale of his client, Pharmaceutical Clinical Associates, Inc. to Mindlance Life Sciences, LLC, a division of Mindlance, Inc. of Hoboken, New Jersey.

Pharmaceutical Clinical Services (PCA) specializes in placing Clinical Trial Professionals on a contract or permanent basis in both pharmaceutical and medical device companies. Started by Phil and Ileana Schirmer in 1999 and based in Trenton, New Jersey, PCA has experienced record sales growth over the last three years and counts Imclone, Purdue Pharma, Bristol-Myers Squibb, Celgene, and Bracco among its many clients. “We have been looking for the right partner for some time and look forward to the continued rapid expansion of this company”, said Phil Schirmer, President of PCA.

MindLance, Inc., established in 1999 and based in Hoboken, New Jersey with branches in Phoenix, AZ, Edison, NJ, Gurgaon, India and Bangalore, India is a leading provider of consulting, outsourcing and staffing services to Fortune 1000 and middle-market clients. Their workforce of nearly 400 professionals is constantly endeavoring to add value by the minute to clients. Their strategy is to create a long-term partnership with clients using a multi-faceted approach – applying domain expertise in specific in¬dustry segments, utilizing a highly skilled technology workforce, leveraging a proven global delivery model, implementing quality processes & methodologies and being extremely cost-effective. “We are very excited to add Pharmaceutical Clinical Associates to our team and hope to continue their impressive growth” said Vik Kalra, President of Mindlance.

About Rick Fulton
Rick Fulton is one of New Jersey’s leading business brokers with a particular expertise helping entrepreneurial and family held businesses valued between $200,000 and $20 million sell their businesses. If you’ve been thinking about selling your business, please contact Rick at 732-212-1922 or visit www.RickFulton.com.

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2. Motivation to sell a business is seldom money.
3. Different types of buyers pay different prices.
4. Only the right buyer pays the right price.
5. No one pays more than they think a business is worth.
6. Different types of businesses will command different prices.
7. Buyers would rather start a business of their own than buy yours.
8. Buyers really want "all the right things to be wrong".
9. Sellers want 100% cash at closing. Buyers want 100% seller financing.
10. It is difficult to find competent advice and counsel when buying or selling a business.

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