M&A Deal Summary

Azenta Acquires RURO - FreezerPro Software

On August 24, 2017, Azenta acquired software company RURO - FreezerPro Software from RURO

Acquisition Highlights
  • This is Azenta’s 1st transaction in the Software sector.
  • This is Azenta’s 12th transaction in the United States.
  • This is Azenta’s 1st transaction in Maryland.

M&A Deal Summary

Date 2017-08-24
Target RURO - FreezerPro Software
Sector Software
Buyer(s) Azenta
Sellers(s) RURO
Deal Type Divestiture

Target

RURO - FreezerPro Software

Frederick, Maryland, United States
RURO, Inc. - FreezerPro Software is a web based software which enables access to information on stored samples from any location on any device.

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Buyer(S) 1

Buyer

Azenta

Chelmsford, Massachusetts, United States

Category Company
Founded 1978
Sector Life Science
Employees3,000
Revenue 514M USD (2021)
DESCRIPTION

Azenta is a provider of life sciences solutions worldwide, enabling impactful breakthroughs and therapies to market faster. Azenta provides a full suite of reliable cold-chain sample management solutions and genomic services across areas such as drug development, clinical research, and advanced cell therapies for the industry's top pharmaceutical, biotech, academic, and healthcare institutions globally. Azenta was founded in 1978 and is based in Chelmsford, Massachusetts.


DEAL STATS #
Overall 14 of 24
Sector (Software) 1 of 2
Type (Divestiture) 3 of 3
State (Maryland) 1 of 2
Country (United States) 12 of 15
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-05 Pacific Bio-Material Management

Torrance, California, United States

Pacific Bio-Material Management, Inc. is a premier service provider of storage and cold-chain logistics for biological sample materials. Pacific Bio-Material Management is based in Torrance, California.

Buy $33M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 4titude

Surrey, United Kingdom

4titude Ltd. is a manufacturer of scientific consumables for biological sample materials used in a variety of genomic and DNA analytical applications. 4titude Ltd. was established in 2005 and is based in Surrey, UK.

Buy $65M

Seller(S) 1

SELLER

RURO

Frederick, Maryland, United States

Category Company
Founded 2006
Sector Software
Revenue 5M USD (2019)
DESCRIPTION

RURO, Inc. is a software company. RURO develops state of the art computer software for research, biotechnological, pharmaceutical, healthcare and government (homeland security) laboratories in the US and worldwide. RURO, Inc. was founded in 2006 and is based in Frederick, Maryland.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1