M&A Deal Summary

Target RWE Acquires Datavant Group - Curation Team

On August 24, 2022, Target RWE acquired information technology company Datavant Group - Curation Team from Datavant Group

Acquisition Highlights
  • This is Target RWE’s 1st transaction in the Information Technology sector.
  • This is Target RWE’s 2nd transaction in the United States.
  • This is Target RWE’s 1st transaction in Georgia.

M&A Deal Summary

Date 2022-08-24
Target Datavant Group - Curation Team
Sector Information Technology
Buyer(s) Target RWE
Sellers(s) Datavant Group
Deal Type Divestiture

Target

Datavant Group - Curation Team

Alpharetta, Georgia, United States
Datavant Group's Curation Team complements Target RWE's data abstraction and curation capabilities, especially on the retrieval and linking of real-world datasets, which will help position the company as a market leader in the RWE field. Datavant Group's Curation Team is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer

Target RWE

Durham, North Carolina, United States

Category Company
Sector Information Technology
DESCRIPTION

Target RWE is a health evidence solutions company generating real-world evidence (RWE) and delivering regulatory-grade data to partners to advance clinical, medical, and commercial outcomes. Target RWE is based in Durham, North Carolina.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-15 NoviSci

Durham, North Carolina, United States

NoviSci, Inc. is a a software analytics and services company whose innovative technologies enable the visualization and analysis of health data using modern epidemiological methods and sound scientific principles. NoviSci is based in Durham, North Carolina.

Buy -

Seller(S) 1

SELLER

Datavant Group

Phoenix, Arizona, United States

Category Company
Founded 1976
Sector Information Technology
DESCRIPTION

Datavant Group is a health data ecosystem, enabling patients, providers, payers, health data analytics companies, patient-facing applications, government agencies, and life science companies to securely exchange and organize their patient-level data. The company is focused on improving patient outcomes and reducing costs by removing impediments to the secure exchange of health data. Datavant Group offers the ability to access, exchange, and connect data among the thousands of organizations in its ecosystem for use cases ranging from better clinical care and value-based payments, to health analytics and medical research. Datavant Group was founded in 1976 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-09 Datavant

San Francisco, California, United States

Datavant is a provider of healthcare organizations to safely link their data to improve medical research and patient care. Datavant's mission is to connect the world's health data. Datavant works with data owners and users to ensure that data can be connected to power next-generation analytics and applications while protecting patient privacy. Datavant is headquartered in San Francisco.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 Convenet

Ripley, United Kingdom

Convenet is a technology company that provides cost-effective NHS integration APIs. Convenet APIs help startups accelerate the development of their products and enable larger businesses to quickly achieve interoperability with NHS systems. Convenet is based in Ripley, United Kingdom.

Buy -