Percorso acquired by Parel Bio, LLC 

6^th November, London, UK – Life Science Logistics firm Percorso Life Sciences today announced their acquisition by Parel Bio, LLC. 

Pivotal Scientific Limited (PSL) exclusively manage the sale of the company.  

PSL have been involved with over 30 sell-side transactions since 2019, coupled with the deep industry knowledge and personal experience of their M&A team, they can offer end-to-end support for the exit of companies. PSL help smaller, science-focused organisations understand the needs of larger, acquiring corporates, helping to explain the language and to convert owner-operator practices to the requirements of regulated multinationals. Equally, they enable larger organisations to understand the nuanced practices of smaller organisations and translate them to their own requirements. 

PSL managed the whole process with the key actions being: 

• Company assessment and audit, including valuation. 

• Development of Percorso Life Sciences CIP (Confidential Information Presentation). 

• Generation of a refined list of companies that may be interested in acquiring Percorso. 

• Presentation of Percorso to those companies. 

• Discussion with those interested companies about the fit of Percorso within their future goals and the benefits, including unique offerings/POD and core skillset offered by Percorso. 

• Negotiation of an agreed Letter of Intent to purchase (LOI). 

• Fundamental liaison between and for both parties, bridging scientific understanding and corporate language. 

Percorso Life Sciences: 

Established in 2007, Percorso Life Sciences is a business process outsourcing firm that specializes in the life science market. Percorso contracts with manufacturers in Europe and Asia to execute logistics, sales, and customer service activities in North America, providing an alternative to traditional distribution models. 

Pivotal Scientific Limited: 

Established in 2008, Pivotal Scientific Limited (PSL) is a dynamic and experienced life science consultancy that assists companies in growing their brand and sales in this highly competitive market. PSL do this by supporting their clients at all stages of the business life cycle – creating business plans, facilitating corporate introductions, and giving advice during mergers and acquisitions to both those buying and those selling organisations.