Irwin Mitchell Birmingham Advises US Health Analytics Firm On UK Acquisition

Deal Highlights Region’s Cross-Border Transaction Expertise

20.01.2015

David Shirt, Press Officer | 0161 838 3094

The Corporate team at the Birmingham office of national law firm Irwin Mitchell has advised US-based SCIO Health Analytics on its acquisition of Data Intelligence Ltd.
 
SCIO is a leading health analytics solutions company and its purchase of Data Intelligence, a Slough-based provider of business intelligence services to pharmaceutical sales and marketing functions, complements and further extend SCIO’s footprint in the life sciences marketplace.
 
Based in Connecticut, SCIO Health Analytics has over 650 employees and specialises in generating multi-million pound cost savings to clients in the health sector by integrating disparate data into actionable insights which enhance their value and proposition for patients, providers and health systems.
 
Founded by Mike Askew and Jon Axon, Data Intelligence will operate as a subsidiary of SCIO Health Analytics.
 
The Corporate team at the Birmingham office of national law firm Irwin Mitchell, advised SCIO on the deal.
 
Rob Laugharne, Senior Associate within Irwin Mitchell’s Corporate team, said:

Expert Opinion
This is a significant deal for both companies and certainly strengthens SCIO’s position as a global health analytics organisation. We are delighted to have advised on this transaction and expect to see and advise on an increasing number of cross-border transactions over the next 12 months.”
Rob Laugharne, Partner

Jacob Mani, Chief Financial Officer at SCIO, added: “We are delighted with the support we received from Irwin Mitchell’s corporate team. Working to an extremely tight deadline, their tenacity was extremely important in making sure the deal completed within demanding parameters.  We are especially appreciative of the clarity and commerciality of the legal advice given, especially as we are not a UK-based business.”