Add-on Acquisition • Information Technology

QuartzBio Acquires SolveBio

On January 24, 2023, QuartzBio acquired information technology company SolveBio

Acquisition Context

This is QuartzBio’s 1st transaction in the Information Technology sector.
This is QuartzBio’s 1st transaction in the United States.
This is QuartzBio’s 1st transaction in New York.

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M&A Deal Summary
Date	January 24, 2023
Target	SolveBio
Sector	Information Technology
Buyer(s)	QuartzBio
Deal Type	Add-on Acquisition

Target Company

SolveBio

New York, New York, United States

SolveBio is an advanced precision medicine data analytics platform that enables biopharma customers to lower trial risk, create more effective therapeutics, and compress the time scale of clinical development. SolveBio was founded in 2013 and is based in New York City.

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Buyer Overview 1

Buyer

QuartzBio

Frederick, Maryland, United States

Category	Company
Founded	2012
Sector	Internet Software and Services

DESCRIPTION

QuartzBio provides pharmaceutical and biotech clients with a fully connected data ecosystem linking sample, biomarker, and clinical data to improve collaboration, planning and R&D productivity. QuartzBio was founded in 2012 and is based in Frederick, Maryland.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: New York	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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