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Riverside acquires iTakeControl of Pennsylvania as latest add-on for Red Nucleus platform
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The Riverside Co. has acquired iTakeControl, a Malvern, Pa.-based provider of clinical operations and medical affairs technology and services focused on rare disease and specialty pharma, as an add-on to its Red Nucleus platform company.
Terms of the deal were not disclosed.
The transaction marks the fourth add-on deal related to the platform since an initial investment in December 2019. This partnership will provide Red Nucleus with a new, differentiated SaaS technology product undergoing significant growth in the marketplace, said Peter Tsang, Riverside co-chief investment officer for Riverside Capital Appreciation Fund, in a statement. Working with the ITC team, we plan to expand our suite of software products with the company s virtual clinical software platform and leverage Red Nucleus learning expertise to deliver education programs for clinical trial patients via ITC s pl