M&A Deal Summary

Florence Acquires VersaTrial

On September 25, 2023, Florence acquired software company VersaTrial

Acquisition Highlights
  • This is Florence’s 1st transaction in the Software sector.
  • This is Florence’s 1st transaction in the United States.
  • This is Florence’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2023-09-25
Target VersaTrial
Sector Software
Buyer(s) Florence
Deal Type Add-on Acquisition

Target

VersaTrial

Wilton, Connecticut, United States
VersaTrialis a clinical trial solutions provider that lets Sponsors and CROs improve clinical trial speed, quality, and collaboration. Enabling sites to spend more time with patients and less time navigating technology systems unlocks faster trials with fewer mistakes, wider tech adoption, and stronger site relationships. Its clinical trial site engagement platform provides Sponsors and CROs with real-time operational insights, bi-directional communication, and access management alerts to ensure measurable site oversight and quality execution. VersaTrialis is based in Wilton, Connecticut.

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Buyer(S) 1

Buyer

Florence

Atlanta, Georgia, United States
Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Florence is a provider in remote connectivity and electronic document workflow management for clinical trials. More than 8,500 research sites in 34 countries, sponsors and CROs collaborate on the network. Florence was founded in 2014 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

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