Simulations Plus completed the acquisition of Pro-ficiency from QHP Capital for $100m.

Simulations Plus, a modeling and simulation software and services provider, completed the acquisition of Pro-ficiency, a simulation-enabled learning and analytics solutions company, from QHP Capital, a private equity firm, for $100m. “We are excited to join the Simulations Plus team, which has a well-established and recognized leadership position in modeling and simulations within the pharmaceutical and biotech community. Both teams approached this transaction with a growth mentality. We look forward to leveraging Simulations Plus’ specialized offerings and business development infrastructure to expand our combined market reach,” Michael Raymer, Pro-ficiency CEO.