Ventiv acquires Adheris in $60 million deal

Ventiv Health has acquired Burlington, Mass.-based patient compliance and persistency program provider Adheris, Ventiv said. Terms of the deal include Ventiv’s purchase for $60 million in cash and stock plus earn-out payments for exceeding specified financial targets. The Adheris brand is expected to remain, and the company will operate under Ventiv’s communication division, a Ventiv spokeswoman told MM&M. The deal is expected to close late in the first quarter, Ventiv said.
You must be a registered member of MMM to post a comment.

Did you miss January's Top 40 Healthcare Transformers issue? Read how these inventors, strategists, entrepreneurs and wonks are challenging, disrupting and otherwise transforming the healthcare business. And join us April 30 to honor them at the Transforming Healthcare Dinner. Click here.