Investment Summary

Tern Invests In Talking Medicines

On January 1, 2020, private equity firm Tern invested in internet software and services company Talking Medicines

Investment Highlights
  • This is Tern’s 2nd transaction in the Internet Software and Services sector.
  • This is Tern’s 2nd transaction in the United States.
  • This is Tern’s 1st transaction in New Jersey.

Investment Summary

Date 2020-01-01
Target Talking Medicines
Sector Internet Software and Services
Investor(s) Tern
Deal Type Growth Capital

Target

Talking Medicines

Jersey City, New Jersey, United States
Talking Medicines is a provider of patient intelligence by medicine, and its vision is better health outcomes for every patient. Talking Medicines was founded in 2013 and is based in Jersey City, New Jersey.

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Investor(S) 1

Investor
DESCRIPTION

Tern is an investment group focused on acquiring and investing in UK-based cloud and IoT companies. The Firm looks to add value by improving capital efficiencies and building sales and marketing strategies as well as acquire equity positions in capitalized market leaders with near term value potential. Tern was formed in 2004 and is based in London.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 2 of 2
Type: Growth Capital M&A Deals 3 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-21 Device Authority

Bracknell, United Kingdom

Device Authority is a platform that solves the data security & authentication challenges for the Internet of Things (IoT). Device Authority was founded in 2008 and is based in Bracknell, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 Seal Software

Walnut Creek, California, United States

Seal Software specializes in writing software that performs complex analysis of contractual data. Seal Software is specifically designed to locate contractual documents and extract and present key contractual information related to language, clauses, clause combinations, and the key contextual metadata held within them. Seal Software interfaces with Salesforce.com’s CRM products to allow contract discovery and contractual information to be obtained in Salesforce. Also, Seal provides a portfolio of professional consulting and implementation services that enable customers to maximize the benefits of Seal Software.

Sell $188M