Certara Acquires Pinnacle 21
October 4, 2021
Certara, Inc. completed the acquisition of Pinnacle 21, a provider of SaaS solutions for clinical data standardization, validation and regulatory-submission readiness. Equity holders of Pinnacle 21 received approximately $250 million in cash and 2,239,717 restricted shares of Certara common stock; Certara said the deal expands its data-sciences and software capabilities and is expected to be accretive to revenue and adjusted EBITDA.
- Buyers
- Certara, Inc.
- Targets
- Pinnacle 21
- Sellers
- Equity holders of Pinnacle 21
- Industry
- Software
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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