Add-on Acquisition • Healthcare Services

TriNetX Acquires Advera Health

On January 21, 2022, TriNetX acquired healthcare services company Advera Health

Acquisition Context
  • This is TriNetX’s 1st transaction in the Healthcare Services sector.
  • This is TriNetX’s 1st transaction in the United States.
  • This is TriNetX’s 1st transaction in California.

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M&A Deal Summary

Date January 21, 2022
Target Advera Health
Sector Healthcare Services
Buyer(s) TriNetX
Deal Type Add-on Acquisition

Target Company

Advera Health

Santa Rosa, California, United States
Advera Health engages in pharmacovigilance software, analytics, and data at the leading edge of drug safety science. Advera Health has created Evidex, a next-generation pharmacovigilance platform to connect disparate drug safety data sources and provide a user experience that elicits actionable intelligence from those data. Advera Health was founded in 2010 and is based in Santa Rosa, California.
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Buyer Overview 1

Buyer

TriNetX

Cambridge, Massachusetts, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

TriNetX is a global network of research hospitals and academic institutions, top biotech and pharmaceutical companies, contract research organizations (CROs) and other specialty data partners. TriNetX was founded in 2013 and is based in Cambridge, Massachusetts.


Deal Context for Buyer #
Overall 2 of 3
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 2 of 3
State: California 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-02 Custodix NV

Sint-Martens-Latem, Belgium

Custodix NV specialized in data protection solutions for eHealth. Today Custodix is recognized as one of the most advanced and reliable Trusted Service Providers (TSPs) in the Healthcare sector providing both consultancy and technical privacy protection solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-18 OncologyInformationService

Freiburg, Germany

OncologyInformationService provide real-world data (RWD) driven solutions across Europe. OncologyInformationService conducts each project based on a regionally representative sample in the respective target population and has gathered regulatory-grade longitudinal data for more than 15 cancer types for a multitude of use cases. OncologyInformationService is based in Freiburg, Germany.

Buy -