M&A Deal Summary

Evaluate Acquires MMIT

On August 20, 2021, Evaluate acquired information technology company MMIT

Acquisition Highlights
  • This is Evaluate’s 1st transaction in the Information Technology sector.
  • This is Evaluate’s 2nd transaction in the United States.
  • This is Evaluate’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2021-08-20
Target MMIT
Sector Information Technology
Buyer(s) Evaluate
Deal Type Merger

Target

MMIT

Yardley, Pennsylvania, United States
MMIT is a provider of formulary data and workflow applications to payers, pharmaceutical manufacturers, providers, and pharmacies. MMIT was founded in 1994 and is based in Yardley, Pennsylvania.

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Buyer(S) 1

Buyer

Evaluate

London, United Kingdom

Category Company
Founded 1996
Sector Information Services
DESCRIPTION

Evaluate is a provider of commercial intelligence to the global life sciences industry. Evaluate is the trusted provider of mission critical commercial information for complex business decisions to the pharmaceutical industry. Evaluate’s core product is an industry leading set of analyst consensus forecasts that provides detailed insights at the product, disease, indication and geographic level. Evaluate creates value by structuring, normalising and integrating data from company filings, research organisations, and government bodies and providing tools that drive analytical insights from data. Evaluate was the first mover in this particular space and is a leading provider today. Evaluate was founded in 1996 and is based in London, United Kingdom.


DEAL STATS #
Overall 3 of 5
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 Bioscience Advisors

Walnut Creek, California, United States

Bioscience Advisors is a consulting and database firm focused on biopharma alliances. BiosciDB provides access to three decades of publicly filed biopharma deals, including 11,000 unredacted contracts. Bioscience Advisors was founded in 2011 and is based in Walnut Creek, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-28 Panalgo

Boston, Massachusetts, United States

Panalgo provides software that streamlines healthcare data analytics by removing complex programming from the equation. Panalgo Instant Health Data (IHD) software empowers teams to generate and share trustworthy results faster, enabling more impactful decisions. Panalgo was established in 1996 and is based in Boston, Massachusetts.

Buy -