Edison Exits Health Market Science, Obtaining 3x Return
January 07, 2015
Edison Partners has completed its exit from Health Market Science, which primarily supplies data on healthcare professionals and medical claims in the U.S. The company was acquired by LexisNexis Risk Solutions, a division of Reed Elsevier, which also supplies healthcare professional data. The exit, reported to be near $100 million, gives Edison a 3x return on capital invested—the firm had backed HMS since 2005. Petsky Prunier advised HMS on the transaction.