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Announced

Completed

Instem completed the acquisition of The Edge Software Consultancy.

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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Software

Completed

United Kingdom

Cross Border

Majority

software development

Friendly

Private

Acquisition

Single Bidder

Synopsis

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Instem, a provider of IT solutions and services to the global life sciences market, completed the acquisition of The Edge Software Consultancy, a software company in Guildford, England. Financial terms were not disclosed. "Combining our story with a well-established and proven life science leader like Instem further validates our entire approach in the market and offers new and exciting opportunities for our clients and staff. Our missions are nearly identical, and our customers are the real winners here. Harnessing the global resources, processes and reach of Instem will give us exactly what we need to take the next step in our journey to bring our innovative solutions to more scientists around the world," Andrew Lemon, The Edge Managing Director.

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