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Mergers & Acquisitions ·

ICON plc completed the disposal of Symphony Health Solutions Corporation to HealthVerity on May 8, 2026, recording a…

ICLRIcon PLC

ICON plc completed the disposal of Symphony Health Solutions Corporation to HealthVerity on May 8, 2026, recording a $32.9 million loss and retaining a minority equity interest in HealthVerity. The company also executed a bridge secured credit facility, drawing down $500.0 million on July 15, 2026, to fully repay its maturing 2.875% Senior Secured Notes due July 2026. For the six months ended June 30, 2026, revenue increased to $4.1 billion from $4.05 billion in the prior year period, while net income declined significantly to $177.3 million from $364.3 million due to restructuring charges and the disposal loss. ICON plc operates as a global contract research organization providing outsourced clinical development services to pharmaceutical, biotechnology, medical device, and government clients.

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