M&A Deal Summary

Grey Global Group Acquires PARx Solutions

On May 19, 2015, Grey Global Group acquired information technology company PARx Solutions

Acquisition Highlights

This is Grey Global Group’s 1st transaction in the Information Technology sector.
This is Grey Global Group’s 1st transaction in the United States.
This is Grey Global Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date	2015-05-19
Target	PARx Solutions
Sector	Information Technology
Buyer(s)	Grey Global Group
Deal Type	Add-on Acquisition

Target

PARx Solutions

Burlington, Massachusetts, United States

PARx has built a platform designed to support physicians and pharmacies as they manage prescription prior authorization requirements that are put in place by payers for an increasing number of branded prescription drugs. The company’s web-based portal helps physicians and pharmacies manage prior authorization requirement for prescriptions in a streamlined, user-friendly manner, thereby allowing more patients to receive the medications that their physicians have prescribed.

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