Simulations Plus Acquires Pro-ficiency for $100 Million
June 12, 2024
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.
- Buyers
- Simulations Plus, Inc.
- Targets
- Pro-ficiency Holdings, Inc. (Pro-ficiency)
- Sellers
- QHP Capital, L.P., Pro-ficiency minority shareholders
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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