Announced
Financials
Sources
Tags
Friendly
Single Bidder
Acquisition
Pending
United States
clinical research organization
public health
Biotechnology
Private
Private Equity
Test Inspection and Certification (TIC)
Synopsis
DLH Holdings, a leading provider of innovative healthcare services and solutions to federal agencies, agreed to acquire Social & Scientific Systems, a leading public health service organization providing solutions in clinical and biomedical research, epidemiology, health policy, and program evaluation, for $70m in cash. "This is an exciting addition to DLH and one that aligns perfectly with our strategy to expand the Company's Public Health & Life Sciences focus area, diversifying our portfolio and bringing scale to support growth. In addition, we'll augment our executive team with the high caliber leadership demonstrated by Kevin Beverly," said Zachary Parker, DLH President & CEO. "With over 40 years in business, SSS is a nationally-recognized technology-enabled health research organization that collects, manages, and analyzes large-scale health data in support of critical public initiatives – complementing and broadening the markets we serve within the federal government."
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