M&A Deal Summary

BioClinica Acquires Phoenix Data Systems

On April 25, 2008, BioClinica acquired information technology company Phoenix Data Systems for 24M USD

Acquisition Highlights
  • This is BioClinica’s 2nd transaction in the Information Technology sector.
  • This is BioClinica’s largest (disclosed) transaction.
  • This is BioClinica’s 1st transaction in the United States.
  • This is BioClinica’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2008-04-25
Target Phoenix Data Systems
Sector Information Technology
Buyer(s) BioClinica
Deal Type Add-on Acquisition
Deal Value 24M USD
Advisor(s) Crosstree Capital Partners, Inc. (Financial)

Target

Phoenix Data Systems

King of Prussia, Pennsylvania, United States
Phoenix Data Systems, Inc. is a clinical data services provider of electronic data capture (EDC) services and a comprehensive array of broadly interoperable eClinical data solutions to the pharmaceutical and biotechnology industries.

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Buyer(S) 1

Buyer

BioClinica

Princeton, New Jersey, United States
Category Company
Founded 1990
Sector Life Science
Revenue 84M USD (2013)
DESCRIPTION

Bioclinica is an integrated clinical life science solutions provider, delivering powerful insight into clinical trial development, assuring greater client success in bringing medical therapies to market, for people around the world. Through deep medical, scientific, and technology expertise, the company provides medical imaging and cardiac safety services; clinical adjudication; randomization and trial supply management and optimization; electronic and eSource data capture; site and patient payments; clinical trial management software; and drug safety solutions. Bioclinica’s global team of life science experts serves more than 500 pharmaceutical, biotechnology, and device organizations including the top 20 biopharmaceutical companies and leading CROs through offices in North America, Europe, and Asia. Bioclinica was formed in 1990 and is based in Princeton, New Jersey.

DEAL STATS #
Overall 2 of 13
Sector (Information Technology) 2 of 9
Type (Add-on Acquisition) 2 of 12
State (Pennsylvania) 1 of 2
Country (United States) 1 of 12
Year (2008) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-06 Theralys SA

Lyon, France

Theralys SA is a is a technology-oriented imaging contract research organization (CRO) providing biotechnology and pharmaceutical companies with a unique expertise in the field of medical image analysis in the context of multicenter clinical trials.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-17 Tourtellotte Solutions

Wayland, Massachusetts, United States

Tourtellotte Solutions Inc. provides custom supply-chain software for the retail, consumer goods, and pharmaceutical markets.

Buy $2M
Mergr

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