Anju Software, a life sciences software platform, announced today that it has acquired Online Business Applications (“OBA”), a global provider of medical communication systems and drug safety compliance software for the pharmaceutical, biotechnology and medical device industries.
- As part of this transaction, Anju raised funding from Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, a global private equity firm with $45 billion in assets under management
- OBA’s medical information management software solution, IRMS Online, enables users to capture requests for medical information, respond to those requests and accurately report and track all necessary information
- Dennis Oles, founder of OBA will stay on as part of the management team to lead growth initiatives at Anju Software
About Anju Software
Anju Software is a leading provider of comprehensive software solutions to the life sciences industry. Anju provides an integrated platform spanning clinical, medical affairs and commercial operations. Anju solutions are used by large and small pharmaceutical companies, clinical research organizations (CRO), full service agencies and medical device companies. Data flow between functional areas, seamless communication with third party systems and AI-based data mining solutions to provide customers critical information throughout their ecosystem.
About Online Business Applications
Online Business Applications has been developing software for medical information departments for over thirty years. Their comprehensive understanding of the unique requirements of these departments enables them to effectively deliver solutions to their clients that are appropriate and cost effective. Engineered in partnership with over 100 pharmaceuticals, biotech and medical device companies, IRMS has extensive off-the-shelf functionality. IRMS offers enhanced tools, robust reporting, document and correspondence management, FAQ database, and built-in data and privacy protection.
About Providence
Providence is a premier asset management firm with over $40 billion in aggregate capital commitments. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm’s inception in 1989, Providence has invested in over 180 companies and has become a leading equity investment firm focused on the media, communications, education and information industries.
Client Highlights
- 9 Transactions
- 6 Years of Transactions
Transaction Details
-
SectorsHealthcare & Life Sciences Technologies
-
ServiceCorporate StrategyM&A
-
OwnershipInvestor-Backed
-
Practices
Healthcare & Life Sciences
Sponsor Coverage