About PRACS Institute
PRACS Institute is a company based in Mississauga (Canada) founded in 1983, and was acquired by KRG Capital Partners in February 2006. It operates as a research services are provided in clinical trials since 1983. Its chief executive is Jerry Merritt.
Company details
PRACS Institute was established in 1983 in Mississauga, Canada, where operations in clinical research are conducted. Services focus on pharmaceutical trials and related studies within the healthcare sector. The company is led by CEO Jerry Merritt. Limited public details are available, with activities centered on research site management accessible via pracs.com. Geographic emphasis remains on Canadian facilities for trial execution.
- Headquarters Mississauga, Canada
- Stage Acquired
- Website pracs.com
- Social LinkedIn X
- Acquired by KRG Capital Partners (Feb 2006)
- InvestorsMerrill Lynch
& 3 more
- Acquired byKRG Capital Partners
(Feb 2006)
Funding Insights of PRACS Institute
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of PRACS Institute with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2006 | – | Debt – Conventional | – | – |
4 investors in total: 4 institutional.
Investors in PRACS Institute
PRACS Institute has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Merrill Lynch, Freeport Financial and KRG Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KRG Capital Partners is engaged in private equity investments. | 1996 | krgcapital.com | - | |
Commercial bank | 1990 | ml.com | New York, United States | |
Provides financial services tailored for businesses. | 2005 | freeportfinancial.com | Chicago, United States | |
A cryptocurrency trading platform is operated by OKCoin. | 2017 | weinbergbell.com | - |
Investor details for PRACS Institute
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PRACS Institute
1 people are tracked at PRACS Institute (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jerry Merritt | CEO | Leadership |
Complete people profiles for PRACS Institute
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PRACS Institute
3 dated milestones of PRACS Institute across 23 years, from founding to its latest funding, stage changes and deals.
- Founded PRACS Institute is founded.
- Exit Acquired by KRG Capital Partners.
- Funding First funding round.
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Frequently Asked Questions about PRACS Institute
PRACS Institute was founded in 1983 and raised its 1st funding round 23 years after it was founded.
PRACS Institute is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Jerry Merritt is the current CEO of PRACS Institute.
PRACS Institute was established in 1983 in Mississauga, Canada, where operations in clinical research are conducted. Services focus on pharmaceutical trials and related studies within the healthcare sector. The company is led by CEO Jerry Merritt. Limited public details are available, with activities centered on research site management accessible via pracs.com. Geographic emphasis remains on Canadian facilities for trial execution.
PRACS Institute has 4 investors. Key investors include Merrill Lynch, Freeport Financial, KRG Capital Partners, and OKCoin.
Yes. PRACS Institute was acquired by KRG Capital Partners in February 2006.