Valiance Partners acquired by a global provider of IT services to the life sciences industry
Basking Ridge, NJ – October 9, 2018: Valiance Partners, LLC (Valiance Partners), announced it is being acquired by NNIT A/S. The acquisition will boost NNIT’s growth and strengthen its position as a leading IT services provider for the global life sciences industry.
Valiance Partners is recognized and referenced as one of the strongest providers of migration software and services for the rapidly growing software-as-a-service (SaaS) platforms to pharmaceutical companies. Valiance’s flagship software products, TRUmigrate and TRUcompare, have raised the bar for GxP migrations where accuracy and reliability matter. Valiance will work closely with NNIT’s team to utilize business synergies and support clients in moving from their legacy systems to new technology with greater accuracy and lower risk.
Key platforms supported by Valiance Partners’ proprietary software are the Veeva Vault and Sparta Systems’ TrackWise Digital, unified suites of applications for clinical, regulatory and quality, which enable companies to drive greater efficiency and maintain compliance throughout the product lifecycle.
As evidenced by its second inclusion in the Inc. 5000 list of fastest-growing companies over the past three years, Valiance Partners has grown by more than 35% annually. The company works with many of the largest pharma companies in North America, Europe and Japan.
Valiance Partners has managed and successfully completed more than 500 migrations for over 100 clients, including many of the world’s leading pharmaceutical, medical device and biotechnology companies.
“We are excited to become part of the NNIT Group and continue our successful growth,” says Richard Higger, Co-Founder and CEO, Valiance Partners. “With NNIT’s vast experience in international life sciences and strong commitment to customer success we see an opportunity to expand our business. Our two companies have already collaborated on several projects and have demonstrated a good cultural match.”
The demand for migration services has increased significantly as more and more life sciences companies implement cloud-based platforms, collect and integrate data and transform business processes.
Per Kogut, CEO, NNIT, says about the acquisition: “Valiance Partners provides a perfect strategic and cultural match and I am excited to welcome this fast-growing company to NNIT. They come with an impressive growth and great profit margins, and together we strengthen our growth potential. This acquisition will boost NNIT as a global IT provider to the international life sciences industry.”
Headquartered in Basking Ridge, New Jersey, Valiance Partners LLC employs 60+ people in the US and Ireland. In order to focus on its current strong growth, Valiance Partners LLC will continue to operate as an independent company.
Rick Higger, Co-Founder and CEO, 800-880-4540 x701, firstname.lastname@example.org
Helga Heyn, NNIT Communications, +45 30 77 81 41, email@example.com
NNIT is an international consultancy services company with headquarters in Copenhagen, Denmark, operating globally in the development, implementation, validation and operation of IT for the life sciences industry. As of June 2018, NNIT A/S had more than 3,000 employees. For more information please visit www.nnit.com
Migrations are a complex undertaking and traditional testing approaches often fall short of today’s business and compliance requirements. The ensuing risk can easily result in costly errors. The question is: How sound are your current testing and sampling approaches?