Clarivate Plc acquires Decision Resources Group (DRG)

Clarivate Plc acquired Decision Resources Group (DRG) for $965.0 million, a transaction announced in February 2020.

Acquired the healthcare data, analytics and insights provider from Piramal Enterprises to enter the life-sciences end market; consideration was $900M base cash plus adjustments and contingent stock.

Acquired the healthcare data, analytics and insights provider from Piramal Enterprises to enter the life-sciences end market; consideration was $900M base cash plus adjustments and contingent stock.

The aggregate consideration paid in connection with the closing of the DRG acquisition was $964,997, comprised of $900,000 of base cash plus $6,100 of adjusted closing cash paid on the closing date and 2,895,638 of the Company's ordinary shares issued to PEL.

Advisory firms were not disclosed for this transaction.

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