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Propharma Group Announces The Acquisition Of Isafety Systems

PRIVATEAug 15, 2021•almost 5 years ago

Acquiring Company

ProPharma Group

Acquired Company

ProPharma Group

RaleighRaleighConsultingConsulting

Description

ProPharma Group, a portfolio company of Odyssey Investment Partners, announces the acquisition of iSafety Systems. Headquartered in India’s leading bio-tech hub, Hyderabad, iSafety provides end-to-end pharmacovigilance and safety solutions and services to pharmaceutical, biotechnology, and medical device companies globally.

Company Information

Company

ProPharma Group

Location

Raleigh, North Carolina, United States

About

ProPharma is the premier Research Consulting Organization (RCO), delivering fully customizable consulting solutions to empower biotech, med device, and pharmaceutical organizations of all sizes to advance scientific breakthroughs confidently and introduce new therapies.

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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