Hill Top Research, Inc. announced that DW Healthcare Partners (DWHP), a private equity firm based in Utah, has acquired the assets of the company. The acquisition will allow Hill Top to expand capacity, add new technical capabilities and provide additional resources for growth. In addition to revitalizing the capital structure, the acquisition will allow funds to be earmarked for growth initiatives, including further expansion into the personal care industry. The new company, Hill Top Acquisition Corporation, will do business as Hill Top Research.
“We are very excited by DWHP’s acquisition, and we look forward to many years of growth and opportunity for all Hill Top associates”, said Joel Ivers, CEO, Hill Top Research. “This investment enhances our ability to continue to offer unparalleled clinical research expertise and robust subject recruiting at our multiple and diverse locations throughout North America. In addition, we can continue to invest in providing high quality studies for our clients.”