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G&L expands global reach and service offering with SmartStep Consulting acquisition

Posted on the 16th June 2024

Smart Step

G&L Healthcare Advisors has announced its majority investment acquisition of SmartStep Consulting, a global leader in market access and specialized consulting services for the pharmaceutical and biotech sectors.

This strategic transaction is expected to be finalized by the end of July 2024.

This acquisition marks a pivotal milestone in G&L’s mission to expand its service portfolio and enhance its global footprint.

Founded in 2010 by Dr. Timm Volmer in Hamburg, Germany, SmartStep Consulting has become a key player known for its expertise in launching products in the German market.

With a dedicated team of approximately 60 professionals and membership of the PHAROS European Market Access Network, SmartStep’s services are in high demand across the EU and the US.

Stephen Loughrey, CEO of G&L Healthcare Advisors, commented:

“This acquisition aligns perfectly with our vision to broaden our service offerings and forge strong global partnerships.

“SmartStep’s values, culture, and strategic outlook resonate deeply with ours, making this integration a natural and exciting progression for both companies.”

G&L’s collaboration with SmartStep Consulting is set to foster mutual growth, leverage combined expertise, and enhance the level of service and support provided to clients worldwide, including those in new geographical locations.

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