WAYNE, PA, and ORLANDO, FL — Argosy Healthcare Partners (AHP), a division of Argosy Capital Group, Inc., has announced a recapitalization and partnership with Connect Life Sciences (CLS). This collaboration aims to bolster CLS’s growth in providing recruitment solutions to the pharmaceutical, biotechnology, and medical device sectors.
Connect Life Sciences, based in Orlando and founded in 2020 by Jim Owens and Andrew Doucet, offers a wide range of recruitment services. These include staff augmentation, project-based services, contract staffing, contract-to-hire, direct placement, and consulting services. The company’s expertise spans from research to regulatory affairs, covering biostatistics, data management, clinical monitoring, quality assurance, statistical programming, pharmacovigilance, regulatory affairs, medical writing, and data sciences.
AHP sees a growing trend among life sciences and medical device companies to outsource recruitment solutions. This strategy aims to increase agility, efficiency, and cost-effectiveness while accessing specialized talent and resources for clinical trials. The need for flexibility, access to global resources, and time and cost efficiency drives this trend, allowing companies to focus on their core competencies like research and product development.
“We are thrilled to partner with Jim and Andrew and the entire CLS team in supporting their next phase of growth,” said Paul Barrett, Managing Partner of AHP. “CLS has achieved significant growth since its inception and is well-positioned to continue providing outstanding recruitment solutions to high-growth pharmaceutical, biotechnology, and medical device markets. We look forward to reinvesting in their foundation and accelerating growth.”
Jim Owens, Co-Founder and CEO of CLS, expressed enthusiasm for the partnership. “At CLS, we built our foundation on delivering exceptional customer service while maintaining a strong, growth-oriented culture. Through our partnership with AHP, we aim to reinvest in our business, drive growth, and expand our capabilities. This collaboration will enable us to better serve our customers and capitalize on market opportunities across the life sciences sector.”
The partnership between AHP and CLS is set to enhance CLS’s ability to provide comprehensive recruitment solutions, making it easier for life sciences companies to navigate their staffing needs efficiently and effectively.
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