Agility Equity Partners Announces Successful Exit of Catalyst Clinical Research Investment
Pittsburgh, PA — February 16, 2026: Agility Equity Partners (“Agility Equity”) announced the successful exit of its investment in Catalyst Clinical Research (“Catalyst”) through the company’s sale to Worldwide Clinical Trials (“Worldwide”), a leading global contract research organization.
Agility invested in Catalyst through a single-asset continuation vehicle managed by QHP Capital (“QHP”, fka NovaQuest), a Raleigh, North Carolina-based investment firm that provides strategic capital to life sciences and healthcare companies.
Catalyst Clinical Research, an oncology-focused contract research organization (CRO), specializes in staffing and executing clinical trials for small- to mid-sized biotechnology companies. Since its acquisition by NovaQuest Fund I in 2018, Catalyst has experienced significant growth, further strengthening its position as a trusted partner to emerging biotech innovators.
The sale to Worldwide Clinical Trials represents a successful outcome for Agility Equity and its partners, highlighting the value created through collaboration with QHP and the management team at Catalyst.
“Catalyst has established itself as a high-quality CRO with deep expertise in oncology and a strong track record of supporting innovative biotech companies,” said Paul Cohn, Partner at Agility Equity Partners. “We are pleased with the outcome of this investment and proud to have partnered with QHP and Catalyst’s leadership to support the company’s growth and ultimate strategic exit.”
The sale occurred approximately 3 ¼ years from the original investment demonstrating the high velocity of Agility’s investment strategy.
About Agility Equity Partners
Agility Equity Partners is a Pittsburgh-based private equity firm focused on investing in high-quality, asset-light businesses with strong cash flow characteristics and opportunities for strategic growth. The firm partners with management teams and operating sponsors to build market-leading platforms across its target sectors. For more information, visit agilityep.com.
About QHP Capital
QHP is a strategic investment firm focused on providing flexible capital solutions to life sciences and healthcare companies. The firm is headquartered in Raleigh, North Carolina. For more information visit https://www.qhpcapital.com/.