PE-backed Insightful Science to buy UK's Dotmatics
March 24, 2021
Life sciences software company Insightful Science has agreed to buy Dotmatics, the UK-based creator of a scientific research and development data management platform. Bloomberg reported that the deal is worth as much as £500 million. The combined group is expected to generate over $100 in annual recurring revenue. Insightful Science is backed by Insight Partners.