GLO Acquires Calyx

Healthcare

GLO, a healthcare platform created by CapVest, acquisition of Calyx


Summary

GLO Healthcare ("GLO"), a healthcare platform created by CapVest Partners LLP ("CapVest"), has acquired Calyx. Terms of the transaction were not disclosed.

Baird served as exclusive financial advisor to GLO Healthcare on this transaction.

About

Led by CapVest, GLO Healthcare is focused on the development and delivery of superior diagnostic testing and innovative therapies for all major cancers and other life-threatening diseases.

CapVest is an international investment firm with €7.5 billion of Assets Under Management. As an active and patient investor, it has an established reputation for working closely in partnership with management to positively transform the size, scale and prospects of its portfolio companies. It has a proven track record of creating high-performing and market leading businesses through significant investment in people, technology, innovation, capabilities and organic and acquisition-led growth.

Calyx is a leading provider of mission critical software and tech enabled services to the fast-growing clinical research market. Headquartered in the UK and US, Calyx employs over 1,900 professionals across seven offices in six countries, providing 24/7 services to most of the world's leading bio-pharmaceutical companies. The business is structured around three key specialist areas comprising Medical Imaging (MI), tech-enabled Interactive Response Technology (IRT) and Enterprise Technologies (Clinical Trial Management System, Regulatory Information Management software and Electronic Data Capture software).

Calyx's market-leading service, scientific knowledge and expertise and technology offering speeds up the delivery of life-saving treatments to millions of patients around the world by accelerating and improving clinical trial outcomes. Its customers include the world's top 20 pharmaceutical companies, and to date, Calyx has supported over 60,000 trials across all clinical phases. Recently, Calyx has committed significant investment to developing its next generation cloud products, significantly strengthening its value proposition and service levels.
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Healthcare

GLO, a healthcare platform created by CapVest, acquisition of Calyx

Date
January 2023
Company
GLO Healthcare
Transaction
M&A - Buyside
Sectors
Healthcare
Verticals
Pharmaceutical Services
Target Geography
Europe
Acquiror Geography
North America

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