CLARIVATE LIFE SCIENCES & HEALTHCARE acquired by ALTARIS
Context
Altaris has entered into a definitive agreement to acquire Clarivate's Life Sciences & Healthcare business through a corporate carve-out that will establish the business as an independent company under Altaris' ownership. Following completion, Altaris will support the business in its next phase of growth as a standalone life sciences intelligence platform. The transaction is consistent with Altaris' strategy of investing in healthcare businesses with strong long-term growth potential while providing the operational focus and resources required to accelerate product innovation, strengthen commercial execution and support continued expansion. At the same time, the divestiture enables Clarivate to streamline its portfolio and sharpen its strategic focus on its core businesses. The acquisition highlights the continued use of private equity-backed carve-out transactions to create independent platforms with dedicated strategic direction and enhanced growth opportunities. Completion of the transaction remains subject to customary closing conditions and regulatory approvals.
CLARIVATE LIFE SCIENCES & HEALTHCARE, which reported an EBITDA margin of in 2026, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
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Target
Life Sciences & Healthcare (LS&H) operates as an independent data intelligence business delivering AI‑enabled solutions to the pharmaceutical, biotechnology and medical technology sectors. The portfolio comprises the Cortellis platform, which aggregates regulatory filings, clinical‑trial data, safety information and pipeline analytics to support research and development decision‑making, and the Decision Resources Group suite, which provides epidemiology, market‑forecasting and payer‑insight tools for commercialization and market‑access planning. LS&H serves roughly 2,500 organizations worldwide, including the top twenty global pharmaceutical manufacturers, as well as mid‑size biotech firms and device innovators that require integrated insight across the drug and device lifecycle. Revenue is generated through subscription licences, data‑as‑a‑service contracts and professional services that combine analytics consulting with platform integration. The company maintains data centres in North America, Europe and Asia Pacific to ensure low‑latency access for multinational clients and complies with regional data‑privacy regulations such as GDPR and HIPAA.
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REFERENCES
Valuation range: EV 500M - 1.5b USD
Revenue range: 250M - 500M USD
EBITDA range: 100M - 200M USD
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: clarivate life sciences & healthcare
Acquirer: altaris