Navigation Links
Berkery Noyes Releases First Half 2012 M&A Report For the Healthcare/Pharma Information and Technology Industry
Date:7/17/2012

NEW YORK, July 17, 2012 /PRNewswire/ -- Berkery Noyes, an independent mid-market investment bank, today released its first half 2012 mergers and acquisitions trend report for the Healthcare/Pharma Information and Technology Industry.

The report analyzes merger and acquisition activity for the sector over the first half of 2012 and compares it with activity in the four previous six-month periods. This market includes information and technology companies servicing pharmaceutical, healthcare payer, and healthcare provider companies.

According to Berkery Noyes' latest research, transaction volume increased 28 percent while transaction value decreased 14 percent. The largest overall industry transaction was Veritas Capital Partners' acquisition of Thomson Reuters' Healthcare Business, a subsidiary of Thomson Reuters, for $1.25 billion. Verisk Analytics' announced acquisition of MediConnect Global for $324 million was one of the largest transactions in the Healthcare IT segment, which underwent a 23 percent increase in volume compared to second half 2011.

The median revenue multiple remained constant at 2.2x, while the median EBITDA multiple decreased from 13.7x to 12.2x. In terms of transaction type, 27 percent of industry deals were financed by private equity, venture capital, and other investment firms. This represented a seven percent increase over second half 2011.

According to Tom O'Connor, Managing Director at Berkery Noyes, "The overall deal flow showed in general more transactions but smaller enterprise value deals getting done. The current market, due to large macro/regulatory changes in healthcare and a massive shift to electronic solutions, presents a very favorable climate for sellers with unique offerings, scale and profitability that are looking to capitalize on the high level of interest in healthcare information and technology solutions." O'Connor continued, "The robust level of M&A activity shows that there are plenty of desirable, fast growing companies - many privately owned - that are attracting very high multiples and appealing to both strategic and financial acquirers. We expect to continue seeing a strong number of small to mid-sized deals for the rest of the year."

Lightyear Capital's announced acquisition of FIS' Healthcare Benefit Solutions Business, a financial technology company that provides processing solutions for consumer directed healthcare accounts, was one of the largest deals in first half 2012, with an acquisition price of $335 million. "The proliferation of consumer directed health plans fundamentally changes the way healthcare benefits are administered and transacted," said Jonathan Krieger, Managing Director at Berkery Noyes. "The healthcare industry is quickly evolving from a business-to-business (BtoB) to a business-to-consumer (BtoC) marketplace."

M&A activity across all of the Pharma segments in the report increased 86 percent relative to the last half year period. Many pharmaceutical and biotech companies are dealing with the expiration of their patents and are looking for new technologies to supplement their existing research and development (R&D) efforts.

"Life science organizations are placing a lot of importance on cloud and SaaS models to improve planning and enrollment services related to their clinical projects," stated Jeffrey Smith, Managing Director at Berkery Noyes. "Oracle's announced acquisition of ClearTrial and IMS Health's acquisition of DecisionView were two especially notable software transactions pertaining to drug development and clinical trials in the first half of 2012."

A copy of the FIRST HALF 2012 M&A REPORT FOR THE HEALTHCARE/PHARMA INFORMATION AND TECHNOLOGY INDUSTRY is available at the Berkery Noyes website.

Berkery Noyes specializes in structuring debt and equity transactions in the $25 million to $500 million range, a market that is enjoying a surge in activity. Unique among investment banking firms, Berkery Noyes combines independent strategic research and industry intelligence with senior information technology banking expertise. Long having been an innovator in database and research technology in M&A, Berkery Noyes has committed itself to providing more expansive and current information. The firm's research teams publish acquisition activity in the respective sectors they follow on MandAsoft.com.

­­­Contact Information:
Peter Wilson
Berkery Noyes
646-442-7966
peter.wilson@berkerynoyes.com


'/>"/>
SOURCE Berkery Noyes
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. NanoMarkets Releases New Report on Thin-Film and Printed Batteries
2. Polar Releases H7, a Preeminent Wireless Heart Rate Sensor with Bluetooth Smart
3. ChemDAQ Releases First Sensor For Detection Of Peracetic Acid In Air
4. MD Bioproducts releases HLA-B27 subtype specific antibody.
5. Medical Alarm Begins Revenue Recognition from Largest Set of Orders -- Releases New Television Commercial
6. Simbionix Releases Two New Platforms at the Upcoming DDW and AUA Events
7. Stereotaxis Releases V-Sono™ Intracardiac Echocardiography Module for the Vdrive™ Remote Navigation System
8. Techne Corporation Releases Unaudited Third Quarter and Nine Month Fiscal Year 2012 Results
9. ShelfX Releases A Fridge That Knows What You Took
10. International Drug & Explosives Detection Company IDenta Corp. Releases Information to OTC markets.
11. ulrich medical USA™ Releases New Expandable Spinal Implant for US Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2017)... , Pa. and KALAMAZOO, Mich. , ... Allentown, Penn. , and OptiMed Specialty Pharmacy of ... business partnership to offer a strategic hub service that ... Healthcare,s highly sought-after personal spirometer, Spiro PD 2.0, and ... A spirometer is a medical device used to ...
(Date:9/12/2017)... and NEW YORK , Sept. 12, 2017   ... for global supply chains, has published the first annual edition of its ... of more than 20,400 companies evaluated by EcoVadis, based on Scorecard Ratings ... 2016. ... CSR Risk & Performance Index ...
(Date:9/9/2017)... ... to Washington DC ... September 12 th – Monday, September 18 th .The Brain Tumor ... brain scans to the public.Where:  BTF,s Mobile MRI ... K Street NW, Washington, D.C.What:BTF brings its nationwide initiative, the Road to ...
Breaking Medicine Technology:
(Date:10/12/2017)... ... 12, 2017 , ... Leading pediatric oncology experts at Children’s National Health ... Congress of the International Society of Paediatric Oncology (SIOP) Oct. 12-15. Chaired ... Cancer and Blood Disorders at Children’s National, and Stephen P. Hunger, M.D., Chief ...
(Date:10/12/2017)... GRAND RAPIDS, Mich. (PRWEB) , ... October 12, ... ... OnSite Wellness, has been named one of Michigan’s 2017 Best and Brightest in ... Best and Brightest in Wellness® awards program on Friday, Oct. 20 from 7:30 ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... property taxes a year. In some states—like New York, New Jersey, Massachusetts, Texas, ... many overseas retirement havens have extremely low property-tax rates, which contributes to the ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... Dining at the University of California Berkeley, and other leading institutions in announcing ... buying power of institutions to change the way animals are raised for food. ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... expanded its executive staff with the addition of industry sales leader, Thomas (Tom) ... will develop the national distribution and sales network, direct the efforts of the ...
Breaking Medicine News(10 mins):