M&A Deal Summary |
|
|---|---|
| Date | 2024-06-12 |
| Target | Pro-ficiency |
| Sector | Education |
| Buyer(s) | Simulations Plus |
| Sellers(s) |
NovaQuest
QHP Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 100M USD |
| Advisor(s) | Wyrick Robbins (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Software |
| Employees | 243 |
| Revenue | 70M USD (2024) |
Simulations Plus is a provider of software services to pharmaceutical and biotechnology, industrial chemical, cosmetic, herbicide, and food ingredient industries. Simulations Plus was founded in 1996 and is based in Lancaster, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Education M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: North Carolina M&A | 2 of 2 |
| Country: United States M&A | 3 of 4 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-02 |
Lixoft
Antony, France Lixoft develops modeling and simulation software for advanced model-based drug development. Lixoft was founded in 2011 and is based in Antony, France. |
Buy | $17M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-14 |
Nurocor
Austin, Texas, United States Nurocor offers a cloud-based software platform designed to improve efficiency, reusability, governance, and automation for pharmaceutical companies through digitalization in the clinical development phase. Nurocor was founded in 2017 and is based in Austin, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Focused |
NovaQuest Capital Management is a private equity firm focused on acquiring and investing in growth-stage middle-market healthcare companies. Specific areas of interest include life science, medical technology, healthcare/facility services, and healthcare focused IT. The Firm targets profitable companies valued up to $500 million with $20 to $100 million of revenue. NovaQuest Capital Management was established in 2000 and is based in Raleigh, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Education M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: North Carolina M&A | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-30 |
Covenant
Raleigh, North Carolina, United States Covenant is a novel product development that addresses critical market needs across production animals and companion animals and advances new assets into industry partner portfolios. The company’s experienced team of animal health and technology development and advancement professionals brings decades of expertise in the rapid evaluation, development, and partnering needed to deliver critical solutions to animal health manufacturers and distributors. Covenant was founded in 2018 and is based in Raleigh, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2022 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Focused |
QHP Capital is a private equity firm focused on healthcare businesses in the middle-market. Specific areas of interest include tech-enabled life sciences and pharma service companies. The Firm seeks to partner with management teams in founder or family-owned companies, and invests in buyouts and other transaction types. QHP Capital was founded in 2022 and is headquartered in Raleigh, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Education M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-21 |
Univo IRB
Raleigh, North Carolina, United States Univo IRB is a next-generation institutional review board specializing in the ethical review of Phase I–IV pharmaceutical, device, biologic, behavioral, and psycho-social research. The company delivers agile study approaches, expert solutions powered by advanced study technology, and a service-first approach. Univo IRB is based in Raleigh, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-30 |
Vector Clinical Trials
Reno, Nevada, United States Vector Clinical Trials operates a clinical research site network, conducting trials for investigational medications across therapeutic areas such as diabetes and memory loss. Vector Clinical Trials is based in Reno, Nevada. |
Buy | - |
