Pro-ficiency Acquires Compass Group Partners

NovaQuest Private Equity Acquires Majority Interest in Pro-ficiency

February 23, 2021

Healthcare Services

NovaQuest Private Equity has acquired a majority interest in Pro-ficiency, a Durham, North Carolina–based provider of simulation-based clinical trial training, compliance solutions, and analytics for sponsors and CROs. The growth equity investment will support Pro-ficiency's expansion of its platform, content, and team; deal terms were not disclosed.

Simulations Plus Acquires Pro-ficiency for $100 Million

June 12, 2024

Healthcare Services

Simulations Plus, Inc. (Nasdaq: SLP) has acquired Pro-ficiency Holdings, Inc. and its subsidiaries from QHP Capital, L.P. and Pro-ficiency's minority shareholders for approximately $100 million in cash. The deal expands Simulations Plus' offerings across the drug development continuum by adding Pro-ficiency's simulation-enabled training, compliance, analytics and medical communications capabilities to its biosimulation platform.

Pro-ficiency Acquires Fugitive Labs

July 12, 2022

Healthcare Services

Pro-ficiency has acquired all life-sciences intellectual property and the associated team of Fugitive Labs, bringing Fugitive's product development capabilities and team (led by Erik Guffrey) into Pro-ficiency's platform. The deal expands Pro-ficiency's product development capacity for clinical-trials simulation and performance-management products and is the company's first acquisition since being funded by NovaQuest Private Equity in 2021.

Prolucent Health Acquires Liquid Compass

August 18, 2020

Staffing & HR

Prolucent Health, a new healthcare workforce technology startup founded by Bruce Springer, has launched and simultaneously acquired Liquid Compass, a jobs marketplace and recruitment-marketing platform for healthcare employers and jobseekers. The acquisition adds Liquid Compass's marketplace, workforce analytics and recruitment tools to Prolucent's AI-powered suite to improve hiring efficiency and workforce utilization across healthcare organizations.

Network Partners Acquires The FlexPro Group, LLC

March 31, 2021

Healthcare Services

Network Partners, a Warsaw, Indiana-based life sciences professional services firm, has acquired The FlexPro Group, LLC, a Greater Philadelphia project management consulting firm focused on the life sciences. The deal adds FlexPro's 40+ consultants to Network Partners' ~175-member team to expand regulatory, project management and supply chain optimization capabilities for pharmaceutical and biotechnology clients.

The Hilb Group Acquires Compass Planners

February 1, 2021

Insurance

The Hilb Group, LLC (THG) acquired Rhode Island-based Compass Planners effective February 1, 2021. Compass Planners is a specialized Medicare Advantage brokerage led by Jim Soucy, who — with three colleagues — joined THG to lead and expand its Medicare retail and wholesale practice. THG, a Richmond-based insurance brokerage and portfolio company of The Carlyle Group, said the acquisition will grow its National Benefits Practice and support expansion of its Medicare offerings.