Registrar Corp., a Hampton, Va.-based portfolio company of Bertram Capital, San Mateo, Calif., acquired FDA Agents, which provides FDA registration, U.S. Agent and product listing services to domestic and foreign FDA-regulated facilities.
"Our goal is to expand Registrar's reach across the FDA-regulated market," says David Lennarz, president of business development and operations for Registrar. "We are excited to partner with all of FDA Agents' customers and support their ongoing regulatory compliance needs by leveraging Registrar's 100-plus regulatory advisors and specialists, offices in 17 countries and unique SaaS technology capabilities."
"With ever-increasing regulations, it was the right time for FDA Agents to partner with a larger organization that could offer our customers a fuller breadth of solutions," says John Balistreri, managing director of FDA Agents. "Registrar greatly expands the capabilities of FDA Agents, and I am confident that our valued clients will benefit from the variety of compliance services Registrar offers and the access to their international offices."
Bertram Capital and Registrar will continue to target add-on acquisitions of FDA regulatory compliance firms that can expand Registrar's client base and range of services.
"Registrar Corp offers a specialized suite of FDA compliance solutions beyond what can be found in the market," says Tom Beerle, principal at Bertram Capital. "With the acquisition of FDA Agents, Registrar continues to expand its position as a leading provider of FDA compliance solutions, and moving forward, we will continue to pursue additional, strategic add-on investment opportunities."