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Thomas H. Lee Partners to acquire inVentiv Health for $1.1 billion

By Published on .

Somerset, N.J.—Private equity firm Thomas H. Lee Partners announced plans to acquire inVentiv Health, a health care marketing and services agency, for approximately $1.1 billion.

Under the acquisition, Thomas H. Lee will provide investment funds to help inVentiv expand its clinical development, launch and commercialization services to the pharmaceutical and health care industries. The deal is expected to close in the third quarter.

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