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Apollo Intelligence, a Frazier Healthcare Portfolio Company, Acquires GlocalMind, Expanding its Global Reach and Operations in Healthcare and Life Science Market Insights

Feb 20, 2024almost 2 years ago

Acquiring Company

Apollo Intelligence

Acquired Company

GlocalMind

StamfordPlanoMarket ResearchMarket Research

Description

Apollo Intelligence, a leading provider of real-time data and insights to the healthcare and life science industries, has strategically acquired GlocalMind, a global technology-driven healthcare market research services and panel company. This acquisition expands Apollo's panel access to global HCPs and KOLs, further enhancing its life science market insights offering and affirming its commitment to accelerating health innovation for a better life.

Company Information

Company

Apollo Intelligence

Location

Pleasant Street

Stamford, Connecticut, United States

About

Apollo Intelligence is a leading insights platform purpose-built to drive greater impact for Life Sciences. Our panel of highly engaged, global healthcare professionals gives partners 24/7 access to some of medicine’s most relevant minds, while our mobile-first quantitative and qualitative research capabilities ensure more responsive and high-quality engagement. We combine human expertise, modern methodologies, and innovative digital tools to better connect the dots across all sources of market intelligence and give our healthcare partners the fast and focused understanding necessary to outpace change. Apollo’s family of brands include InCrowd, Survey Healthcare Global, and GlocalMind.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed