Add-on Acquisition • Engineering

Precision for Medicine Acquires Baseline Controls

On June 27, 2023, Precision for Medicine acquired engineering company Baseline Controls

Acquisition Context
  • This is Precision for Medicine’s 1st transaction in the Engineering sector.
  • This is Precision for Medicine’s 7th transaction in the United States.
  • This is Precision for Medicine’s 1st transaction in North Carolina.

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M&A Deal Summary

Date June 27, 2023
Target Baseline Controls
Sector Engineering
Buyer(s) Precision for Medicine
Deal Type Add-on Acquisition

Target Company

Baseline Controls

Raleigh, North Carolina, United States
Baseline Controls is specialized expertise in project feasibility, execution planning, and baseline performance management. Baseline Controls was founded in 2010 and is based in Raleigh, North Carolina.
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Buyer Overview 1

Buyer

Precision for Medicine

Bethesda, Maryland, United States

Category Company
Founded 2012
Sector Life Science
DESCRIPTION

Precision for Medicine is a specialized healthcare services company that provides product development and commercialization support for pharmaceutical and life sciences businesses.? Precision for Medicine was founded in 2012 and is based in Bethesda, Maryland.


Deal Context for Buyer #
Overall 9 of 10
Sector: Engineering 1 of 1
Type: Add-on Acquisition 9 of 10
State: North Carolina 1 of 1
Country: United States 7 of 8
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 SimplicityBio SA

Monthey, Switzerland

SimplicityBio SA is AI-based algorithms have been used extensively in the development of complex multiomic signatures and have been the subject of published scientific research on the use of artificial intelligence for biomarker assessment SimplicityBio is based in Monthey, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Algorics

Framingham, Massachusetts, United States

Algorics is a specialized data sciences partner to the life sciences industry focusing on data management, biostatistics, statistical programming, and data standardization. The company supports a global portfolio of biopharmaceutical and CRO clients with cost-effective and high-quality data services underpinned by technology know-how and access to talent across US, Europe, and Asia. Algorics is based in Framingham, Massachusetts.

Buy -