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New Deal


Announced

Saama Technologies acquired Comprehend Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Software

Friendly

cloud applications

Private

Single Bidder

Synopsis

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Saama, Technologies, the advanced clinical data and analytics company, acquired Comprehend Systems, which provides a suite of cloud applications and consulting services that dramatically improve the clinical trial process. Financial terms were not disclosed. “The Comprehend-Saama transaction creates a data analytics powerhouse with a singular vision of improving human health through the application of AI-powered solutions for actionable clinical trial insights,” said Rick Morrison, Founder and Chairman of Comprehend. “The combined 30-plus years of experience of these two companies as data analytics innovators provides exciting opportunities to speed biopharma’s development of new therapeutics and to have broader industry reach.”

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