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New Deal


Announced

Completed

MedAdvisor completed the acquisition of Adheris from Syneos Health for $34,5m.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Private

Software

Single Bidder

healthcare software

Completed

Majority

Friendly

Cross Border

Synopsis

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MedAdvisor, a virtual pharmacist software provider, completed the acquisition of Adheris, a provider of patient performance programs, from Syneos Health, a fully integrated biopharmaceutical solutions organization, for $34,5m. MedAdvisor will simultaneously arrange a placement with institutional investors, who may also be invited to subscribe for any shortfall under the institutional entitlement offer.

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