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Announced

Completed

Genstar Capital completed an investment in ConnectiveRx.

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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Acquisition

Private Equity

United States

pharmaceutical marketing

analytics platform

digital drug information

Digital Services

Single Bidder

Completed

patient support

Private

Friendly

Majority

Synopsis

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Genstar Capital, a private equity firm, completed an investment in its portfolio company ConnectiveRx, a provider of technology-enabled biopharmaceutical services. Financial terms were not disclosed. Genstar will continue as majority investor and will be joined by funds managed by Harvest Partners and funds managed by Blackstone Tactical Opportunities as minority investors. The transaction provides ConnectiveRx with enhanced financial flexibility, allowing it to continue its product innovation-driven growth, while also enabling the Company to realize an attractive outcome for its shareholders.

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