Certara’s Acquisition of Pinnacle 21

Simpson Thacher advised Certara, Inc. on the deal.

Certara, Inc. announced its definitive agreement to acquire Pinnacle 21 for $310 million in cash and stock. The transaction is expected to close in the fourth quarter of 2021 and is subject to customary regulatory approvals and other closing conditions.

Pinnacle 21 is a global leader in software for preparing clinical trial data for regulatory submission. Its platform validates data quality and compliance with CDISC standards, enabling a clean data pipeline from worldwide sponsors to health authorities, including the FDA, PMDA and NMPA. Streamlined approvals bring life-saving medicines to patients faster.

Certara accelerates medicines using biosimulation software and technology to transform traditional drug discovery and development. Its clients include more than 1,650 global biopharmaceutical companies, leading academic institutions, and key regulatory agencies across 61 countries.

The Simpson Thacher team included Michael T. Holick (Picture), Fred de Albuquerque, Kira Shannahan, Paul Clatterbuck and Jessica Mason (M&A); David Rubinsky, Caitlin Lucey and Allison Sutherland (Employee Benefits and Executive Compensation); Jonathan Goldstein and Jasmine Hay (Tax); Genevieve Dorment, Kate Mirino and Samuel Watters (Intellectual Property); and Vanessa K. Burrows (Healthcare).

Involved fees earner: Vanessa Burrows – Simpson Thacher & Bartlett; William Paul Clatterbuck – Simpson Thacher & Bartlett; Frederick De Albuquerque – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Michael Holick – Simpson Thacher & Bartlett; Caitlin Lucey – Simpson Thacher & Bartlett; Jessica Mason – Simpson Thacher & Bartlett; Kate Mirino – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Kira Shannahan – Simpson Thacher & Bartlett; Allison Sutherland – Simpson Thacher & Bartlett; Samuel Watters – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Certara;

Author: Martina Bellini