Calian Group Acquires Allphase Clinical Research and Alio Health Services
January 31, 2020
Calian Group Ltd. announced the acquisition of Ottawa-based Allphase Clinical Research Services Inc. and Alio Health Services Inc., bringing clinical trial management, patient support program capabilities and a proprietary home-care scheduling software into Calian’s Health segment. The deal consideration included $12.0 million in cash, 62,054 common shares and up to $12.0 million of earnouts tied to future EBITDA, with Calian planning to integrate the HOMETM application across its health services to drive new business and efficiencies.
- Buyers
- Calian Group Ltd.
- Targets
- Allphase Clinical Research Services Inc., Alio Health Services Inc.
- Industry
- Healthcare Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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