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New Deal


Announced

Completed

Avania completed the acquisition of Maxis.

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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Domestic

Completed

Health Care Services

United States

Single Bidder

Acquisition

Majority

consulting

medical solutions

Private

Friendly

Synopsis

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Avania, a global medical technology contract research organization, completed the acquisition of Maxis, a medical technology development service provider. Financial terms were not disclosed. “This acquisition strengthens our position as the leading MedTech focused CRO, advancing innovative medical technologies from ideation to commercialization, providing a range of highly customizable services in combination with robust global regulatory, clinical, and operational strategies to meet the unique needs of emerging OEMs. The addition of MAXIS furthers our strategy and will provide us with enhanced capabilities across a broader customer base as we continue to innovate and grow,” Sapna Hornyak, Avania President and CEO.

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