Advised IDBS, a cloud-based enterprise scientific informatics platforms vendor, on its sale to Danaher
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to IDBS, a leader in enterprise scientific informatics platforms, on its sale to Danaher Corporation (NYSE: DHR), a global science and technology innovator with more than 20 operating companies spanning healthcare, environmental and industrial sectors.
Founded by entrepreneur Neil Kipling, IDBS provides innovative enterprise data management, analytics and modelling software for R&D and science-driven companies. The company’s E-WorkBook Cloud platform, which was recently named Cloud Product of the Year at the National Technology Awards, provides critical R&D data management and lab informatics capabilities to drive innovation at over 200 large global enterprises such as Pfizer, Roche, Cargill and BASF.
IDBS has joined Danaher’s Life Sciences platform and will help provide the foundation of an informatics and knowledge management platform within Danaher Life Sciences. The combined platform will make the digital lab of the future a reality by linking scientific instruments with informatics solutions to accelerate the speed of discovering, developing and producing new drugs and therapies.
This transaction marks Arma Partners’ latest successful mandate involving a UK headquartered pharmatech business being acquired by a large publicly-listed strategic purchaser in the US, having previously advised Zinc Ahead on its $130 million sale to Veeva Systems.