Print
Health Care

Alcami Acquires TriPharm Services

By Christina Haley O'Neal, posted Jan 20, 2020
Alcami Corp. announced it has acquired TriPharm Services and its sterile fill-finish manufacturing center near Research Triangle Park, according to a news release.

TriPharm's facility, which is expected to be fully operational in the second half of 2020, will add to Alcami's existing sterile fill-finish business to meet growing industry demand, stated the release.

The terms of the deal were not disclosed, Jonathan Granger, Alcami’s corporate communications manager, said in an email Monday.

Durham-based Alcami, a provider of fully-integrated custom end-to-end solutions for the pharmaceutical and biologics industries, has about 430 employees in Wilmington and about 900 employees companywide, Granger said.

“In conjunction with this acquisition, funds affiliated with Madison Dearborn Partners, LLC ("MDP"), Alcami's existing majority owner, made an additional equity investment to fund Alcami's growth plan and the former majority owner of TriPharm, Ampersand Capital Partners, rolled a portion of its TriPharm ownership interest into an ownership interest in Alcami,” stated the release.

The acquisition of the facility follows Alcami’s recently announced $17 million expansion of its sterile fill-finish facility in Charleston, South Carolina.

“Our combination with TriPharm is an important next step in the execution of Alcami's strategy to focus investments across our network to better serve rapidly growing specialized market segments," said Alcami interim CEO George Van Kula, in the release. "TriPharm expands our existing capabilities and provides additional equipment lines that will allow us to better serve the fast-developing biologics market segment.”
Ico insights

INSIGHTS

SPONSORS' CONTENT
Tommytaylor ceo unitedway

How Philanthropy Fits Into Your Financial Plan

Tommy Taylor - United Way
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


Taking Marine Science On The Road

“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season