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Announced

Completed

Advent completed the acquisition of Definitive Healthcare from Spectrum Equity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software solutions

Majority

Private Equity

United States

Acquisition

Single Bidder

application software

Software

Completed

Private

Friendly

Synopsis

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Advent completed its acquisition of Definitive Healthcare, which designs and develops software solutions from Spectrum Equity, a private equity firm. Financial terms were not disclosed. “We are very pleased to be partnering with Definitive Healthcare to pursue its next phase of growth. We look forward to working with Jason, Spectrum and the outstanding Definitive team to continue to invest in the product innovation and sales and marketing that has driven the Company’s explosive growth,” Bryan Taylor, Advent Managing Partner.

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