The QbD Group, a private Belgian company offering comprehensive support to Life Sciences companies, has acquired a majority stake in Spain's Azierta for an undisclosed amount in which PKF Attest Corporate Finance acted as financial advisor.
Azierta, headquartered in Madrid, is a life sciences and healthcare consulting firm focused on pharmacovigilance, compliance and GxP, regulatory affairs, audits and certification, and scientific and medical affairs.
The acquisition is part of QbD Group's growth strategy in the life sciences and healthcare sector. The transaction will enable QbD Group to strengthen its presence in Spain, where Azierta has strong market penetration and brand recognition.
Our firm's Corporate Finance team, experts in valuations and transactions, participated in the transaction.