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  6. Veeva Systems Acquires Veeva RTSM

M&A Deal Summary

Veeva Systems Acquires Veeva RTSM

On December 13, 2021, Veeva Systems acquired internet software and services company Veeva RTSM

Acquisition Highlights
  • This is Veeva Systems’ 3rd transaction in the Internet Software and Services sector.
  • This is Veeva Systems’ 6th transaction in the United States.
  • This is Veeva Systems’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2021-12-13
Target Veeva RTSM
Sector Internet Software and Services
Buyer(s) Veeva Systems
Deal Type Add-on Acquisition

Target

Veeva RTSM

Chapel Hil, North Carolina, United States
Veeva RTSM is a provider of cloud software for randomization and trial supply management (RTSM). Veeva RTSM delivers fast setup timelines and a configurable feature set to meet a broad array of randomization and supply needs. It has supported over 175 trials with sites in 60 countries, covering a range of trial designs and complexities across all therapeutic areas in pharma/biotech, medical device, and diagnostics. Veeva RTSM is based in Chapel Hil, North Carolina.

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Buyer(S) 1

Buyer

Veeva Systems

Pleasanton, California, United States
Category Company
Founded 2007
Sector Internet Software and Services
Employees7,291
Revenue 2.7B USD (2025)
DESCRIPTION

Veeva Systems is a cloud based software for the global life sciences industry. Veeva serves a variety of customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. Veeva Systems was founded in 2007 and is based in Pleasanton, California.

DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 6 of 6
State: North Carolina M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 Learnaboutgmp

Schnecksville, Pennsylvania, United States

Learnaboutgmp is a provider of the cloud-based learning management system (LMS) designed specifically for life science and regulatory organizations. Learnaboutgmp was founded in 2015 and is based in Schnecksville, Pennsylvania.

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