Excite Pharma Services

September 2022


Industry: Pharmaceutical CRO & CMO

Location: Lee Summit, MO

Client: Excite Pharma Services

Company Website: www.excitepharma.com

The DVS Group’s Role: Capital Advisory

The Deal:
Headquartered in Lee Summit, MO, Excite Pharma Services is a premier provider of Chemistry, Manufacturing and Controls (CMC), Contract Manufacturing (CMO) and Analytical Chemistry research & testing laboratory (CRO) services for the pharmaceutical industry, with a specialized focus on aseptic manufacturing with analytical chemistry services covering drug substance, drug product and excipients. Excite’s services provide critical support in the drug development cycle for both US and international-based clients in human and animal health.

Keith Koehler and Robert Pendland founded Excite in 2009 after DVS Group helped them complete the successful exit of their first business, Acceleration Laboratory Services. As Excite continued to scale its business and needed critical growth financing for its expansion into Contract Manufacturing, it was natural that Keith and Robert would turn to DVS to help with growth financing. DVS was able to help Excite source critical non-dilutive bridge financing to allow Excite to weather the storm of Covid era supply chain disruptions and FDA approval delays that impacted start times for large new contract manufacturing contracts.

The DVS Group is proud to have supported the successful recapitalization of Excite Pharma, providing strategic advisory to help position the company for its next phase of growth and innovation.

About The DVS Group:

The DVS Group is a professional lower middle market M&A services firm based in Kansas City. We represent both buy-side and sell-side clients domestically and internationally, focusing primarily on businesses with $10M-$250M in revenue. As industry generalists, we specialize in a highly customized approach to owners exiting their business, and proprietary (off-market) deal-flow for our buyers. With over two decades refining our process, the DVS Group is your key to achieving unparalleled growth through acquisition, or a smooth transition through the sale of your business.

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