Gridiron to invest in life sciences back-office solutions provider van den Boom & Associates
- vdB&A serves 160 plus active clients, from newly formed startups to public companies
- vdB&A has additional offices in Boston, Jacksonville, Minneapolis, and the Philippines
- Esther van den Boom will continue to lead the company
Gridiron Capital will invest in van den Boom & Associates, a San Diego-based provider of outsourced back-office solutions to life sciences companies. No financial terms were disclosed.
Among the services vdB&A offers are finance, accounting, HR, contract management, IT managed services and technical accounting.
vdB&A serves 160 plus active clients, from newly formed startups to public companies.
vdB&A has additional offices in Boston, Jacksonville, Minneapolis, and the Philippines.
Esther van den Boom will continue to lead the company.
On the deal, Scott Harrison, managing partner and COO at Gridiron Capital, said, “vdB&A solves a real problem for companies whose success depends on staying focused on the science. For more than a decade, the vdB&A team has earned the trust of life sciences companies by giving them the operational leverage to grow.”
Guggenheim Securities, LLC and Houlihan Lokey served as financial advisors and Greenberg Traurig, LLP served as legal counsel to Gridiron. Clearsight Advisors served as financial advisor and Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to van den Boom & Associates.
vdB&A was founded in 2014.
