RALEIGH, N.C. & ATLANTA– QHP Capital, L.P. (“QHP”), the management company for NovaQuest Private Equity, today announced the acquisition of AutoCruitment, LLC (“AutoCruitment” or the “Company”), a leader in digital patient recruitment.
Since 2013, AutoCruitment has helped pharma companies, biotechs, and clinical research organizations (“CROs”) in identifying, screening and recruiting patients to participate in clinical research across a wide range of therapeutic areas. By streamlining the patient recruitment process with digital and automated screening technology, AutoCruitment helps accelerate the commercialization of safe, effective new treatments for devastating diseases and conditions.
“For the past decade, our patient-centric platform has empowered people to engage in the clinical research process. We have helped our clients accelerate their studies across numerous therapeutic areas while advancing our mission of making clinical trials accessible to everyone,” said Bethany Bray, Co-Founder and CEO of AutoCruitment. “We explored many different partners to help accelerate our vision and QHP Capital is clearly the best fit for AutoCruitment. QHP brings a unique strategic network, deep industry knowledge, and is a terrific cultural fit.”
“Successful and timely patient recruitment is one of the biggest challenges preventing the advancement of new therapies to market,” said Matt Jenkins and Michael Sorensen, Partners at QHP Capital. “AutoCruitment fits perfectly with QHP’s investment focus of providing strategic capital to firms capable of scaling to meet the needs of the industry. We look forward to supporting the AutoCruitment team as they continue to innovate the science of patient recruitment as a market leader.”
