Stratrix
On the Record · Icon

Icon acquisitions, on the record

The businesses Icon bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
BioTel Research, LLC (formerly Philips Pharma Solutions)
Word for word“On October 2, 2023, the Company acquired 100% of the equity of BioTel Research, LLC which comprised the business formerly known as Philips Pharma Solutions, a leading provider of medical imaging and cardiac safety monitoring services.” 20-F for 2023
acquisitionOn October 2, 2023—
Oncacare Limited
Word for word“On April 20, 2023, the Company completed the purchase of the majority investor's 51% voting share capital of Oncacare Limited ( such that Oncacare and its subsidiaries became wholly-owned subsidiaries of the ICON Group) , a global network of oncology research sites that provide a unique patient recruitment and delivery solution for the clinical research industry.” 20-F for 2023
acquisitionOn April 20, 2023—
PRA Health Sciences, Inc.
Word for word“The total value of the Merger consideration was $12.0 billion and has resulted in the recognition of goodwill of $8.1 billion, intangible assets of $4.9 billion and an associated deferred tax liability of $1.1 billion.” 20-F for 2023
acquisition—$12.0 billion
KCR S.A Group ("KCR")
Word for word“On August 19, 2024, the Company acquired the KCR S.A Group ("KCR"), a CRO offering full service and functional services partnership ("FSP") clinical trial services.” 20-F for 2024
acquisitionOn August 19, 2024—
HumanFirst, Inc. ("HumanFirst")
Word for word“On January 9, 2024, the Company acquired HumanFirst, Inc. ("HumanFirst"), a life sciences technology company.” 20-F for 2024
acquisitionOn January 9, 2024—
BioTel Research, LLC which comprised the business formerly known as Philips Pharma Solutions
Word for word“On October 2, 2023, the Company acquired 100% of the equity of BioTel Research, LLC which comprised the business formerly known as Philips Pharma Solutions, a leading provider of medical imaging and cardiac safety monitoring services.” 20-F for 2024
acquisitionOn October 2, 2023—
Oncacare Limited (51% voting share capital)
Word for word“On April 20, 2023, the Company completed the purchase of the majority investor's 51% voting share capital of Oncacare Limited (such that Oncacare and its subsidiaries became wholly-owned subsidiaries of the ICON Group), a global network of oncology research sites that provide a unique patient recruitment and delivery solution for the clinical research industry.” 20-F for 2024
acquisitionOn April 20, 2023—
KCR S.A Group
Word for word“On August 19, 2024, the Company acquired the KCR S.A Group (“KCR”), a CRO offering full service and functional services provision (‘FSP’) clinical trial services.” 20-F for 2025
acquisitionAugust 19, 2024—
HumanFirst, Inc.
Word for word“On January 9, 2024, the Company acquired HumanFirst, Inc. (“HumanFirst”), a life sciences technology company.” 20-F for 2025
acquisitionJanuary 9, 2024—
BioTel Research, LLC
Word for word“On October 2, 2023, the Company acquired 100% of the equity of BioTel Research, LLC which comprised the business formerly known as Philips Pharma Solutions, a leading provider of medical imaging and cardiac safety monitoring services.” 20-F for 2025
acquisitionOctober 2, 2023—
Symphony Health Solutions Corporation
Word for word“On May 8, 2026, ICON completed the disposition of Symphony Health Solutions Corporation ("Symphony") pursuant to a merger agreement, by and among HealthVerity, Inc. ("HealthVerity"), Symphony, Pharmaceutical Research Associates, Inc. and HealthVerity Merger Sub, Inc. ("HV Merger Sub"), a wholly owned subsidiary of HealthVerity.” 20-F for 2025
divestitureMay 8, 2026—
PRA Health Sciences, Inc.
Word for word“On July 1, 2021, the Company completed the acquisition of PRA by means of a merger whereby Indigo Merger Sub, Inc., a Delaware corporation and subsidiary of ICON, merged with and into PRA Health Sciences, Inc., the parent of PRA Health Sciences (the “Acquisition” and the “Merger”).” 20-F for 2025
mergerJuly 1, 2021—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2016-12-31$34.6 million
2017-12-31$129.2 million
2018-12-31$0
2019-12-31$126.9 million
2020-12-31$27.2 million
2021-12-31$8.12 billion
2022-12-31$0
2023-12-31$36.8 million
2024-12-31$46.1 million
2025-12-31$0

Read from Icon’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-05-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.