Advised Zinc Ahead, a leading provider of marketing compliance and approval SaaS solutions to the life sciences industry, on its sale to Veeva Systems
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Zinc Ahead, a portfolio company of Accel-KKR and a leading provider of marketing compliance and approval software-as-a-service solutions to the life sciences industry, on its sale to Veeva Systems Inc. (NYSE:VEEV), a Pleasanton, California headquartered provider of cloud-based software to the global life sciences industry, for a cash consideration of $130 million.
Zinc Ahead provides marketing compliance and rich media management SaaS solutions for the life sciences industry. Over two million digital assets have been approved through the Zinc cloud, transforming the digital media development and compliance community in over 120 life sciences companies, including all of the top 20 and 40 of the top 50 global pharmaceutical companies, across 170 countries. More than 50,000 marketing, medical and legal professionals currently use Zinc’s products. Zinc Ahead is headquartered in Oxford, UK, and has approximately 180 employees.
This transaction further underscores Arma Partners’ continued strength in vertical market software and SaaS, and our deep expertise in delivering successful transatlantic deals with North American strategic acquirers.