AcquisitionJun 16, 2026Completed
๐Ÿ‡บ๐Ÿ‡ธ United States

Simulations Plus, Inc.Altaris, LLC

Technology โ€บ IT Services

Equity value$375MEquity value
AnnouncedJun 16, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

Affiliates of Altaris, LLC agreed to acquire Simulations Plus, Inc. in an all-cash merger at $18.50 per share, for approximately $375 million.

Deal rationale

The transaction provides immediate and certain value to stockholders and is expected to better position Simulations Plus to serve customers and accelerate growth through the combination with Chemical Computing Group.

AI-generated from the SEC filing
CompletedTechnology โ€บ IT ServicesUnited StatesNorth America

Timeline

  1. AnnouncedJun 16, 2026

    Imported from prototype record 319, unverified

    Filing
  2. Shareholder vote ยท ApprovedAug 27, 2026

    Target shareholders approved the deal.

    Filing
  3. ClosedOct 6, 2026

    Closing reported in Form 8-K filed 2026-10-06.

    Filing

Valuation and terms

Equity value$375MHeadline figure
Enterprise valueUndisclosed
ConsiderationCash

Advisors

Buy-side
JPJ.P. MorganTSTruist Securities
Sell-side
MSMorgan Stanley

Parties

Target
Simulations Plus, Inc.
Headquarters
United States
Ticker
SLP
EDGAR company page
Acquirer
Altaris, LLC
Headquarters
United States
Ticker
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