M&A Deal Summary

Cytel Acquires co.faktor

On September 26, 2023, Cytel acquired business services company co.faktor

Acquisition Highlights
  • This is Cytel’s 2nd transaction in the Business Services sector.
  • This is Cytel’s 1st transaction in Germany.

M&A Deal Summary

Date 2023-09-26
Target co.faktor
Sector Business Services
Buyer(s) Cytel
Deal Type Add-on Acquisition

Target

co.faktor

Berlin, Germany
co.faktor is a provider of specialized consulting services with its dedicated healthcare consultancy services co.value® (market access), co.medical® (medical communications), and co.patient® (patient relations) concentrations. co.faktor is based in Berlin, Germany.

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Buyer(S) 1

Buyer

Cytel

Cambridge, Massachusetts, United States

Category Company
Founded 1987
Sector Software
Employees1,500
Revenue 265M EUR (2022)
DESCRIPTION

Cytel is a provider of analytical software and services for the life sciences sector. Cytel helps leading pharmaceutical, biotech, and medical device companies improve clinical success rates via optimal study design, effective data management, and accurate statistical analysis. Cytel was founded in 1987 and is based in Cambridge, Massachusetts.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-06 steve consultants

Paris, France

steve consultants is a consulting and research company specializing in optimizing the value of healthcare products in the French market. The company supports its biotech and pharmaceutical clients in the development and implementation of their regional market access strategy, including the implementation of early access programs, the demonstration of health-economic value, the generation of real-life data, and the writing of HTA dossiers. Formed in 2006, steve consultants is based in Paris and Lyon.

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