Pro-ficiency Acquires Fugitive Labs

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.

Forterro Acquires Proffix Software AG

August 16, 2023

Software

Forterro, a European consolidator of industrial-focused software, has acquired Swiss ERP provider Proffix Software AG to strengthen its presence in the Swiss German SME market. The deal brings Proffix’s modular ERP and >2,500 active customers into Forterro’s portfolio and supports Forterro’s Central Europe expansion and cloud transformation plans for the product.

Pro-ficiency Acquires Compass Group Partners

June 30, 2023

Healthcare Services

Pro-ficiency has acquired Compass Group Partners and affiliated assets to combine its simulation-based training platform with Compass's life-sciences medical communications capabilities. The deal expands Pro-ficiency's simulation offerings into medical affairs and commercial markets, enabling immersive simulation solutions for pharma and biotech customers and creating new revenue opportunities.

Vector Laboratories Acquires Click Chemistry Tools and Fluoroprobes

March 6, 2023

Biotechnology

Vector Laboratories, a portfolio company of Thompson Street Capital Partners, has acquired Click Chemistry Tools (Scottsdale, AZ) and Fluoroprobes to expand its manufacturing, bioconjugation and labeling capabilities. The add-on acquisitions, with terms undisclosed, are intended to accelerate commercialization of protein detection technologies and increase security of supply for biopharma, diagnostics and life-science customers.

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.

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.