6 months ago
18 ARTICLE AD
Model N, a platform used by companies such as Johnson & Johnson, AstraZeneca, and AMD to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25 billion deal.
Vista Equity Partners is doling out $30 per share in an all-cash transaction, representing a 12% premium on Friday’s closing price, and 16% on its 30-day average.
Founded in 1999, companies use Model N to analyze trends, pricing efficacy, market demand, and more, by integrating various data sources and internal enterprise systems. The software is typically used in industries such as pharmaceuticals and life sciences, where there may be complex pricing structures, or where regulatory or market changes can impact business.
Vista said that it expects the transaction to close in the middle of 2024, though it is of course subject to the usual conditions including shareholder approval.
