Nordic Capital and Astorg Partners to acquire Cytel from New Mountain Capital.

Investment firms Nordic Capital and Astorg Partners agreed to acquire Cytel, one of the largest providers of statistical software and advanced analytics for clinical trial design and biometrics execution, from private equity firm New Mountain Capital. Financial terms were not disclosed. "Together, we will fuel Cytel’s growth, with a shared vision of building a leading provider of advanced analytics and software for the life sciences industry," Daniel Berglund, Nordic Capital Advisors Partner.