Momentum Advisory Partners Advises Connect Life Sciences on Successful Recapitalization by Argosy Healthcare Partners
Miami, FL – July 3, 2024 – Momentum Advisory Partners, a leading M&A advisory firm focused exclusively in the staffing and solutions industry, is pleased to announce that Connect Life Sciences (“Connect”) has been recapitalized by Argosy Healthcare Partners (“Argosy”). The transaction was completed on June 21, 2024. Details were not disclosed.
“It was a pleasure working with Jim and Andrew throughout this process. Their deep experience in the life sciences space is evident in the incredible business they’ve built in just a few years,” said Akash Taneja, Founder of Momentum Advisory Partners. “Connect has a bright future ahead, and we believe Argosy is the ideal partner to help them achieve their full potential as a leader in the life science staffing space.”
“In navigating the complexities of M&A transactions, it is crucial to have someone who comprehends both the financial intricacies and the human elements involved,” said Jim Owens, President and Co-Founder of Connect Life Sciences. “I can unequivocally recommend Akash Taneja and Momentum Advisory Partners for their outstanding expertise and unwavering commitment.”
This marks the second successful staffing industry transaction that Argosy’s Paul Barrett has completed with Akash Taneja since 2017. “Connect Life Sciences, led by its founders Jim Owens and Andrew Doucet, perfectly aligns with our vision to establish a world-class healthcare staffing platform,” said Barrett. “Momentum’s deep industry knowledge and expert guidance were instrumental in bringing this deal to fruition. We’re excited about this next chapter in what we expect to be a successful partnership with the Connect Life Sciences team and look forward to working with Akash and Momentum again in the future.”
About Momentum Advisory Partners
Momentum Advisory Partners is an M&A Advisory firm focused exclusively on the staffing and workforce solutions industry. The company brings over 15 years of experience working with clients in evaluating some of their most strategic and complex decisions. Momentum provides independent, uncompromised advice which makes it uniquely suited to offer a broad range of advisory services to its clients.
About Connect Life Sciences
Connect Life Sciences, headquartered in Orlando, Florida, and founded in 2020 by Jim Owens and Andrew Doucet, provides a range of recruitment services from staff augmentation to project-based services. CLS delivers full life cycle resourcing solutions including contract staffing, contract to hire, direct placement, and consulting services. CLS provides these services from research to regulatory affairs with expertise in biostatistics, data management, clinical monitoring, quality assurance, IT programming, pharmacovigilance, regulatory affairs, medical writing, and real-world evidence.
