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Announced

Completed

Summit Partners completed the investment in eClinical Solutions.

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

Acquisition

Private

Single Bidder

Minority

Friendly

enterprise software

Private Equity

United States

software development

Completed

Synopsis

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Private equity firm Summit Partners completed the investment in eClinical Solutions, a provider of cloud-based enterprise software and software-driven clinical data services. Financial terms were not disclosed. "We are delighted to partner with Summit as we enter a new phase of growth. Summit has a long history of helping to accelerate growth and scale businesses. We believe their deep experience in the life sciences and HCIT markets will help propel eClinical Solutions to the next level," Raj Indupuri, eClinical Solutions Co-Founder and CEO.

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