Announced
Financials
Sources
Tags
Private
Cross Border
Friendly
software development
Pending
Single Bidder
Software
Majority
Private Equity
United States
Acquisition
Synopsis
Hg-backed Managed Markets Insight & Technology, a formulary tools and solutions provider, and Welsh, Carson, Anderson & Stowe-backed Evaluate, a provider of commercial intelligence and predictive analytics, agreed to acquire Panalgo, a premier healthcare data analytics company. Financial terms were not disclosed. "MMIT/Evaluate and Panalgo share a vision of generating evidence and insights faster, all to help patients get timely access to lifesaving therapies. The addition of Panalgo fits perfectly into our strategy of building a best-in-breed technology and services-driven healthcare business servicing pharma, biotech and beyond," Mike Gallup, MMIT CEO.
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