About This Deal

Certara acquired Chemaxon for $96.4 million, a transaction completed in October 2024, structured as all cash.

Chemaxon operates in Software, is based in Hungary (Chemaxon Kft.), had revenue of about Expected software revenue greater than $20 million in 2024.. Chemaxon (Chemaxon Kft.) is a cheminformatics software company whose products handle chemical structure drawing, property prediction, search and analysis, helping research scientists digitize the design-make-test-analyze (DMTA) lifecycle to identify new chemical leads. Certara - which had partnered with Chemaxon for about ten years - acquired 100% of the equity for total cash consideration of $96.4 million ($87.4 million to sellers plus $9.0 million to escrow), funded in part by new term debt. The deal positioned Certara in the drug-discovery biosimulation market at scale, complementing its later-phase development portfolio. Chemaxon was expected to generate more than $20 million of software revenue in 2024.

Position Certara in drug-discovery biosimulation at scale and offer a comprehensive data and predictive-analytics platform from discovery through commercialization.

Longtime ~10-year partner; growth profile comparable to Certara's software business, expected to reach an adjusted EBITDA margin near Certara's corporate average by end of 2025. Combined predictive analytics platform spanning discovery through commercialization.

Deal Terms

Acquirer
Certara
Target
Chemaxon
Value
$96.4 million
Date
October 2024
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Hungary (Chemaxon Kft.)
Segment
Software
Structure
All cash
Target revenue
Expected software revenue greater than $20 million in 2024.
Announced
July 9, 2024
Closed
October 1, 2024

In Their Words

The combination of Chemaxon and Certara unites two complementary businesses with a shared mission of reducing drug development costs and risks to develop new medicines faster. Together, we can enhance prediction and analytical capabilities in drug discovery by leveraging biosimulation and generative AI.William Feehery, CEO, Certara
Certara and Chemaxon share a common vision of advancing science and innovation in life sciences. Together, we will offer clients the ability to broadly conduct in-silico research to inform better decision-making at every phase of development.Richard Jones, CEO, Chemaxon

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗ · SEC filing ↗

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