Avendus Capital advises Vasta Global on its acquisition by Omega Healthcare

13th April 2022 | Mumbai | Investment Banking

Omega Healthcare, a leading technology enabled healthcare management solutions partner supporting the broad healthcare ecosystem, today announced its acquisition of Vasta Global, a company based in New York, United States and Mumbai, India.

Avendus Capital was the exclusive financial advisor to Vasta Global on this transaction.

Vasta Global is a leader in clinical data management with a focus on oncology. Vasta Global provides Real-World Evidence (RWE) data curation and analytics, clinical trials support, and cancer registry services for cancer centers and providers, pharma and biotech companies, and contract research organizations (CROs) that provide clinical trial management services.

With broad experience managing and curating complex data from more than one million patient records and supporting more than 150 clinical trials, Vasta Global helps clinical research organizations abstract modular data for multiple use cases, ultimately improving cancer care for patients. This acquisition enables Omega Healthcare to expand its core clinical registry and data abstraction services by leveraging Vasta Global’s competencies in data curation, analytics, clinical research, and bioinformatics consulting.

“Our mission to provide sustainable and scalable solutions to our clients is one that is shared by the Omega Healthcare team. With their broad capabilities, we are excited for our clients to have increased access to data curation, registry management and machine learning services. Through this alliance, we multiply our commitment to scientific discovery for patients through accelerated clinical research and real-world data,” said Kinjal Vora, CEO, Vasta Global.

“We are privileged to partner with Vasta Global as it revolutionizes cancer care, providing state-of-the-art data curation services to oncology healthcare providers. With Omega’s support, it can now exponentially scale its reach globally,” said Puneet Shivam, President, US and Co-head, Enterprise Technology & Services Investment Banking, Avendus Capital.

About Avendus

Avendus Group is a leading financial services firm with presence in the areas of Investment Banking, Wealth Management, Credit Solutions and Asset Management. Established in 1999 in Mumbai, India, Avendus is today present in 10 cities across India, US, UK and Singapore. Avendus partners with the Indian entrepreneur ecosystem to provide differentiated solutions that enable clients to meet their strategic aspirations.

Avendus Capital, the investment banking arm, is consistently ranked among the top investment banks in the country on the back of its in-depth domain understanding and a best in the class track record of domestic and cross-border transactions. Avendus’s wide range of clients is testimony to its ability to serve its corporates throughout their life cycle – from growth stage funding to large-sized transactions, and M&A advisory.

Avendus Capital Inc located in New York is an Avendus Group entity offering M&A and Private Equity syndication services to clients in the US.

For more information, please visit www.avendus.com

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