Deal Summary
McColl Partners has advised etrials Inc., a provider of clinical trial automation technology, on its merger with Araccel Corporation. Managing Director David Vorhoff led McColl Partners’ execution of this transaction and was supported by Phil Colaco, Brad Winer, and Badge Stone. The merger, a combining of two eClinical solutions providers, forms etrials Worldwide, an international leader in software and services for the efficient collection, analysis, and integration of data in clinical drug trials. By streamlining the drug discovery process, industry experts estimate etrials Worldwide’s automation technology can save pharmaceutical companies more than $1 million per day and shorten the length of clinical trials on average by three months.

About etrials
etrials has earned the loyalty of its health care partners by guiding them to simplify and accelerate the processes associated with collecting, analyzing, and integrating data in clinical trials. Using innovative software technologies and proven business processes, etrials offers an efficient eClinical platform and comprehensive services for managing quantitative and qualitative study data. etrials leads pharmaceutical and biotechnology companies through the critical processes involved in turning a technology into a solution, successfully migrating clients from paper-based to electronic data management methods. For more information, visit the company’s Web site at www.etrials.com.

About McColl Partners
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle market companies. With significant experience working with family-owned businesses, public companies, private equity groups, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

To learn more about the firm’s expertise in health sciences – specifically the pharma services industry – please call David Vorhoff at 704-333-0519. More information about McColl Partners can be found at www.mccollpartners.com.