Carlyle backs global health research in latest investment

The Carlyle Group made a strategic growth investment and will acquire a majority stake in TriNetX, a global health research network focused on clinical research to bring new therapies to market faster. Terms of the deal were undisclosed. The $221 billion private equity giant has invested more than $15 billion of equity since inception in healthcare-oriented companies. “With a deep clinical focus and a highly scalable data strategy, we believe TriNetX is well positioned for continued organic and inorganic growth opportunities,” said Joe Bress, a principal specializing in healthcare at The Carlyle Group. The investment in TriNetX is a continuation of Carlyle's long-term global commitment to healthcare, the firm said. Equity capital for the investment came from Carlyle Partners VII, an $18.5 billion fund that makes majority and strategic minority investments primarily in the U.S. in targeted industries, including healthcare. TriNetX is powered by an impressive network of 170 healthcare organizations in 30 countries and used by more than 40 life sciences organizations including 15 of the world's top 20 pharmaceutical companies. "Our goal is to be on the desktop of every healthcare researcher in the world," said Gadi Lachman, CEO of TriNetX. "To accomplish this we need to continue to develop solutions to support clinical research at our healthcare organizations and bring more global data and technologies such as AI, machine learning and analytics to researchers so that they can ask more questions and generate more real-world evidence.” Gadi added that Carlyle's investment accelerates the seven-year-old company’s plans and will shorten the time it takes to turn the team’s vision into reality “We’re excited to partner with Gadi and the TriNetX management team to help expand their global footprint and continue investing in the company’s mission to advance the collective understanding of human health,” said Carlyle’s Bress.

Carlyle backs global health research in latest investment

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