M&A Deal Summary

Emvenio Research Acquires Matrix Clinical Trials Service Line

On August 8, 2022, Emvenio Research acquired life science company Matrix Clinical Trials Service Line from Matrix Medical Network

Acquisition Highlights
  • This is Emvenio Research’s 1st transaction in the Life Science sector.
  • This is Emvenio Research’s 1st transaction in the United States.
  • This is Emvenio Research’s 1st transaction in Arizona.

M&A Deal Summary

Date 2022-08-08
Target Matrix Clinical Trials Service Line
Sector Life Science
Buyer(s) Emvenio Research
Sellers(s) Matrix Medical Network
Deal Type Divestiture

Target

Matrix Clinical Trials Service Line

Scottsdale, Arizona, United States
Matrix Clinical Trials Service Line focus on improving the health and wellness of health plan members, and keeping America's workers productive and safe, through its design of custom and flexible clinical solutions.

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Buyer(S) 1

Buyer

Emvenio Research

Durham, North Carolina, United States

Category Company
Sector Life Science
DESCRIPTION

Emvenio Research is a decentralized research organization (DRO) providing scalable and hybrid decentralized trial solutions with a focus on improving access and health equity in clinical research. Emvenio Research is based in Durham, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Matrix Medical Network

Scottsdale, Arizona, United States

Category Company
Founded 2000
Sector Healthcare Services
DESCRIPTION

Matrix Medical Network is a provider of home-based medical assessments and has expanded its portfolio of services to include screening, chronic care management, physician engagement and analytics. Matrix Medical Network was founded in 2000 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 1 of 2
Sector (Life Science) 1 of 2
Type (Divestiture) 1 of 2
State (Arizona) 1 of 2
Country (United States) 1 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-02 Biocerna

Fulton, Maryland, United States

Biocerna LLC is a CLIA-certified and CAP-accredited laboratory dedicated to delivering clinical diagnostics tests to improve patients' safety and quality of care. Biocerna is based in Fulton, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-04 Matrix Clinical Laboratory

Scottsdale, Arizona, United States

Matrix Clinical Laboratory provide Karrington an established CLIA-certified and CAP-accredited laboratory dedicated to delivering clinical diagnostics tests. Matrix Clinical Laboratory is based in Scottsdale, Arizona.

Sell -