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New Deal


Announced

LabVantage Solutions to merge with Biomax Informatics.

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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Germany

Cross Border

Merger

Private

Friendly

bioinformatics

Majority

Completed

research software

Software

Acquisition

Single Bidder

Synopsis

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LabVantage Solutions, a laboratory information management system provider, agreed to merge with Biomax Informatics, a Munich-based software company specializing in research software for bioinformatics. Financial terms were not disclosed. "The combined forces of LabVantage and Biomax provide the market with a unique and unprecedented offering, both in terms of product and service portfolio, that will enable our customers to leverage the data within their system landscape more easily, and unlock tacit knowledge more effectively,” Klaus Heumann, Biomax Informatics Co-Founder.

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