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Reverba completes acquisition of Six Degrees Worldwide Inc. to integrate medical communication services

Apr 03, 2024•over 1 year ago

Acquiring Company

Reverba

Acquired Company

Six Degrees Worldwide

SeattleTorontoMedicalBiotechnologyHealth CareMedicalBiotechnologyHealth Care

Description

Reverba, renowned for its innovative patient engagement solutions for biopharmaceutical companies, has completed the acquisition of Six Degrees Worldwide Inc., a leader in global medical communications within the same industry. This strategic acquisition will enhance Reverba’s capabilities in integrating comprehensive medical communication services into its patient engagement approach and platforms, ultimately bridging the gap between science and real-life patient experiences.

Company Information

Company

Reverba

Location

Seattle, Washington, United States

About

Reverba is a global patient engagement company that provides solutions empowering the biopharmaceutical industry to build trust with consumers and meet the needs of patients through innovative technology and patient-centric approaches from discovery through commercialization. Formed from the mergers of Health Advocacy Strategies, Patient Health Perspectives, and Health Perspectives Group, the company rebranded as Reverba in 2021. It has incorporated compliance throughout its technology platforms and patient engagement solutions, maintaining SOC 2 Type II certification for the highest level of security.

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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