Thermo Fisher Scientific to Acquire Clario Holdings

October 29, 2025

Thermo Fisher Scientific has agreed to acquire Clario Holdings, a digital clinical endpoint data solutions company, for $8.875 billion in cash plus up to $400 million in performance-based earnout payments. The deal is expected to close by mid-2026 pending regulatory approvals and would integrate Clario into Thermo Fisher’s Laboratory Products and Biopharma Services segment.

Targets
Clario Holdings, Inc., Clario Holdings
Sellers
Astorg, Nordic Capital, Novo Holdings, Cinven, a shareholder group led by Astorg, Nordic Capital, Novo Holdings, and Cinven
Location
United States
Transaction Type
Buyout

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