Clario - M&A Summary, Ownership, and Business Overview

Medical ProductsCompany

Clario M&A Summary

Clario has acquired 10 companies of its own, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Clario’s largest acquisition to date was in 2010, when it acquired CareFusion - Research Services Division for $81M. Clario has acquired in 8 different US states, and 3 countries. The Company’s most targeted sectors include information technology (40%) and life science (30%).

Clario Ownership

Who owns Clario?

Clario is owned by Astorg Partners, Athyrium Capital Management, ATP Private Equity Partners, Nordic Capital and Omnes Capital. It was acquired on March 8, 2016.

Is Clario PE-backed?

Yes. Clario is owned by private equity investors Astorg Partners, Athyrium Capital Management, ATP Private Equity Partners, Nordic Capital and Omnes Capital.

Was Clario formerly PE-backed?

Yes. Clario was formerly owned by 3 private investors.

Clario Business Overview

Where is Clario headquartered?

Clario is headquartered in Philadelphia, Pennsylvania.

How many employees does Clario have?

Clario has 3,800 employees.

What sector is Clario in?

Clario is a medical products company.

When was Clario founded?

Clario was founded in 1972.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 4
  • M&A Advisors 6

Clario

Clario

1818 Market Street Suite 2600,
Philadelphia, Pennsylvania 19103
United States,
(215) 972-0420
www.clario.com

Clario offers a compelling combination of technology, services, and clinical expertise, helping customers to deliver successful clinical trial outcomes by ensuring high-quality data capture, reduced costs, and shortened study timelines. Clario was founded in 1972 and is based in Philadelphia, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 7 2 - - - 1 10
vol $116M $116M
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
ArtiQ 2024-04-02 - Add-on Acquisition
Leuven, Belgium · www.artiq.eu
BioClinica, Inc. 2020-12-10 - Merger
Princeton, New Jersey · www.bioclinica.com
APDM Wearable Technologies (APDM), Inc. 2020-06-10 - Add-on Acquisition
Portland, Oregon · www.apdm.com
iCardiac Technologies, Inc. 2017-12-04 - Add-on Acquisition
Rochester, New York · www.icardiac.com
Biomedical Systems Corp. 2017-09-08 - Add-on Acquisition
St. Louis, Missouri · www.biomedsys.com
Exco InTouch Ltd. 2016-12-08 - Add-on Acquisition
Sawbridgeworth, United Kingdom · www.excointouch.com
PHT Corp. 2015-02-27 - Add-on Acquisition
Boston, Massachusetts · www.phtcorp.com
invivodata, inc. 2012-07-09 - Add-on Acquisition
Pittsburgh, Pennsylvania
CareFusion - Research Services Division 2010-06-01 81M USD Divestiture
, United States
Covance Cardiac Safety Services, Inc. 2007-11-27 35M USD Divestiture
Reno, Nevada
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 4 (40%) - - -
Life Science 3 (30%) 81M (70%) - -
Medical Products 3 (30%) 35M (30%) - -
Total 10 $116M - -

By Geo

State/Country Buy Value Sell Value
United States 8 116M - -
  Pennsylvania 1 - - -
  Oregon 1 - - -
  New York 1 - - -
  New Jersey 1 - - -
  Nevada 1 35M - -
  Missouri 1 - - -
  Massachusetts 1 - - -
Belgium 1 - - -
United Kingdom 1 - - -
Domestic 8 (80%) 116M (100%) - -
Cross-border 2 (20%) - - -
Total 10 $116M - -

Top M&A Advisors

Financial Deals
Cain Brothers & Co. LLC
1
J.P. Morgan Securities
1
Jefferies
1
Legal Deals
Noerr
1
Latham & Watkins
1
Troutman Pepper Hamilton Sanders
1

Deal Values

buy # Total
< $100M 2 $116M
TOTAL $116M
Largest CareFusion - Research Services Division
$81M (2010-06-01)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Strategic(s)
20%
2 (20%)

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