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Announced

Completed

Insightful Science completed the acquisition of Cytapex.

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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Friendly

Acquisition

Completed

bioinformatics

Canada

Private

Majority

Single Bidder

Information / Data Services

Cross Border

Synopsis

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Insightful Science, a technology company with software designed to empower scientists at every step of the research and development process, completed the acquisition of Cytapex, a bioinformatics contract research organization. Financial terms were not disclosed. "We were immediately impressed with the bioinformatics expertise of the Cytapex team. Pharmaceutical customers are increasingly looking to outsource core functions of the research and development process, and reputation and trust are critical. Cytapex stands out as a leader that offers high-quality services and solutions that add substantial value for partners. We are honored to have them join our team," Thomas Swalla, Insightful Science CEO.

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