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New Deal


Announced

Scottish Equity Partners-backed Dotmatics to acquire BioBright.

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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Single Bidder

Private

United States

Pending

Software

Friendly

Acquisition

Majority

software development

Private Equity

Synopsis

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Scottish Equity Partners-backed Dotmatics, a scientific informatics company, agreed to acquire BioBright, a provider of software that automates the flow of data from laboratory instruments. Financial terms were not disclosed. "This is an exciting milestone in the history of Dotmatics and also hugely significant for our customers and the wider industry. For the first time world-leading informatics and lab data automation platforms are being brought together under a single vendor. Through complementary technologies, shared scientific expertise and industry insight, we will dramatically accelerate Dotmatics’ ability to innovate and drive lab data automation. We are delighted to welcome our new BioBright colleagues to Dotmatics and look forward to working together to create a game-changing solution for our customers’ journey towards the Lab of the Future," Stephen Gallagher, Dotmatics Co-Founder and CEO.

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