ProductLife Group
productlifegroup.comHow we built a global platform in Life Sciences services
ProductLife Group is global expert in outsourced regulatory compliance services and consulting for the Life Sciences industry. Through our partnership, we supported the company in accelerating its international expansion, broadening its service offering, and scaling its organization through a disciplined buy and build strategy. Across our investment period, we converted a local family-run business into one of the world’s leading independent Life Sciences services platforms.
About the investment
Founded in France in 1993, ProductLife Group (PLG) supports pharmaceutical, biotechnology and medical device companies throughout the entire product lifecycle, from development to post-marketing activities. Operating in a highly regulated and increasingly outsourced market, PLG had built a strong reputation based on scientific expertise and regulatory excellence.
When 21 Invest partnered with the company, our ambition was to accelerate its transformation into a global and diversified platform by combining robust organic growth with an ambitious international acquisition strategy. Leveraging the company’s strong entrepreneurial culture, longstanding relationships with blue-chip customers in highly fragmented market, we worked alongside management to build a differentiated international platform.
With a goal of continuously improving the value delivered to teams and clients, PLG is committed to long-term partnership, innovation, and medical progress.
Our goal was not simply to accelerate PLG's growth, but to build a leading independent global platform in Life Sciences services. By partnering closely with management, supporting an ambitious buy-and-build strategy and investing in organisational capabilities and innovation, we created a business with enlarged scale, broadened expertise and end-to-end value added offering.
How we added value
Enlarging the international footprint
Supported PLG's global development through targeted acquisitions and the opening of new offices, rapidly expanding its presence across Europe, North America and Asia-Pacific while strengthening its ability to serve locally international clients on a global scale.
Enriching service offering
Broadened the company’s service offering through strategic acquisitions and innovation, enabling PLG to support clients and deliver end-to-end mission critical services spanning regulatory affairs, pharmacovigilance, quality management and compliance, market access and digital solutions.
Scaling the organization
Led managerial transition, strengthened governance and implemented scalable operational processes to successfully integrate acquired businesses while maintaining high service quality and operational excellence.
Key figures
- +742%Revenue growth since investment
- +2000Employees
- 23Build-ups completed since acquisition
- +50Countries with direct presence