Integrated Project Services' (IPS) acquisition by Alleghany Capital Corporation has been named the 2016 Health Care and Life Sciences Deal of the Year Over $100 Million by The M&A Advisor. Ballard Spahr represented IPS in the transaction.

The award recognizes excellence in deal making, restructuring, and financing, and celebrates the achievements of leading professionals in the area of mergers and acquisitions. The IPS deal was chosen from an impressive field of more than 320 transactions by an independent judging committee of dozens of top M&A industry experts.

Gregory L. Seltzer—a partner in Ballard Spahr’s Mergers and Acquisitions Group—led the legal team that negotiated the deal for Blue Bell, Pennsylvania-based IPS, one of the largest technical service providers to the global pharmaceutical and biotechnology industries. The acquisition by Alleghany Capital was an integral part of Alleghany's efforts to expand worldwide and enhance its capabilities in the areas of technical consulting, design and engineering, construction management, and validation services for research and production facilities around the world.

The award was announced at the M&A Advisor Awards Gala on November 9 in New York City. Said David Fergusson, co-CEO and President of the publication: "The award recipients represent the finest in the M&A industry in 2016 and earned these honors by standing out in a group of extremely impressive finalists…from lower middle market to multi-billion dollar deals."