M&A Deal Summary

ClinicalMind Acquires IC Axon

On September 25, 2020, ClinicalMind acquired education company IC Axon from GP Strategies

Acquisition Highlights
  • This is ClinicalMind’s 1st transaction in the Education sector.
  • This is ClinicalMind’s 1st transaction in Canada.
  • This is ClinicalMind’s 1st transaction in Quebec.

M&A Deal Summary
Date 2020-09-25
Target IC Axon
Sector Education
Buyer(s) ClinicalMind
Sellers(s) GP Strategies
Deal Type Divestiture

Target

IC Axon

Montreal, Quebec, Canada
IC Axon, Inc. is a provider in developing science-driven training for pharmaceutical and life science companies. The company includes a large team of in-house clinical experts, including medical writers, editors, and dedicated referencing systems managers. IC Axon is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

ClinicalMind

New York, New York, United States
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

ClinicalMind is a an operator of a healthcare communications company, known for its broad experience as both a strategic and tactical partner with biotech and pharmaceutical companies, especially those preparing to launch new and first-in-class therapies. ClinicalMind was founded in 2012 and is based in New York City.

DEAL STATS #
Overall 1 of 5
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Pharmawrite

Princeton, New Jersey, United States

PharmaWrite helps clients meet their diverse prelaunch, launch, and postlaunch challenges. With extensive experience in many therapeutic areas, their team of seasoned professionals can assist in strategic communications/publication planning, medical writing, scientific content development, and regulatory writing. Pharmawrite was founded in 2004 and is based in Princeton, New Jersey.

Buy -

Seller(S) 1

SELLER

GP Strategies

Columbia, Maryland, United States
Category Company
Founded 1959
Sector Education
Employees4,343
Revenue 473M USD (2020)
DESCRIPTION

GP Strategies is a global performance improvement solutions provider of sales and technical training, eLearning solutions, management consulting, and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting, and business improvement services, customized to meet the specific needs of its clients. GP Strategies was founded in 1959 and is based in Columbia, Maryland.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-05 TTi Global

Bloomfield Hills, Michigan, United States

TTi Global is a provider of training, staffing, research and consulting solutions to the global automotive industry and other key sectors. Offers a wide range of services, including technical and non-technical training, staff augmentation services and global research consulting. TTi Global was founded in 1976 and is based in Bloomfield Hills, Michigan.

Buy -
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