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New Deal


Announced

Astorg-led consortium to invest in eResearchTechnology.

Financials

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

Tags

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Single Bidder

Private Equity

United States

Software

Acquisition

Pending

Minority

medical software

Private

Friendly

Synopsis

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An Astorg-led consortium agreed to invest in eResearchTechnology, a global data and technology company which minimizes risk and uncertainty in clinical trials. Other investors in the group were Nordic Capital and Novo Holdings. Financial terms were not disclosed. “We are extremely excited to continue Nordic Capital’s journey with ERT and partner with Astorg and Novo who share our vision of building the leading clinical trial technology company.” Raj Shah, Nordic Capital Partner and Co-Head of Healthcare.

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