W2O snaps up Elysia

W2O has acquired US-based health economic and outcomes research (HEOR) consulting firm Elysia Group.

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No financial details were announced.

According to Zephyr, the M&A database published by Bureau van Dijk, the transaction represents W2O’s fourth acquisition this year.

The group last bought Maryland-headquartered HEOR consultancy Discern Health for an undisclosed sum in July.

Following the deal, the target will collaborate and integrate with Discern, which provides payment models and performance services for healthcare organisations.

Established in 2014, Elysia focuses on creating health economic models for pharmaceutical and medical device clients.

Its offerings provide budget and portfolio analysis, as well as forecasting services, among others.

Elysia also delivers information through Taiwan’s National Health Insurance Research Database, which allows customers to highlight trends and patterns in the clinical market.

Rita Glaze, practice leader at W2O, said: “We are building our organisation to help our clients stay ahead of the evolving healthcare policy, consumer and payer landscape.

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“The collective expertise and capabilities of Elysia and Discern enable us to help clients plan for and execute their commercial and market access strategies at greater quality and depth than ever before.”

Elysia’s chief executive, Bruce Wang, noted the buyer’s data and technology platforms will also add insight and value to its modelling and real-world data products.

He said: “We look forward to leveraging our established relationships in the Asia Pacific market alongside W2O’s unique set of offerings and expanding the firm’s footprint in this important area.”

Located in California, the acquiror provides public relations, branding and marketing and advertising services, among others, for clients in the healthcare sector.

It has more than 1,300 employees and operates 18 offices worldwide.

Zephyr, the M&A database published by Bureau van Dijk, shows there have been 931 deals targeting management consulting services providers announced globally since the beginning of 2020.

In the largest of these, Nippon Paint agreed to acquire stakes in several companies, including Nippon Paint (Thailand) and a Nippon Paint (Singapore), from Wuthelam Holdings for JPY 1,049 billion (USD 9.93 billion).

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© Zephus Ltd

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