Merger of SciShield and eLabNext to create SciSure
We are pleased to have acted as exclusive financial adviser to Strattam Capital and its portfolio company SciShield on its merger with eLabNext to launch SciSure, a global enterprise featuring the world’s first and only Scientific Management Platform (SMP).
SciSure, founded by scientists for scientists, delivers the unique combination of digital research capabilities via eLabNext’s ELN (Electronic Laboratory Notebook) and LIMS (Laboratory Information Management System) with SciShield’s comprehensive, trusted, and compliant EHS (Environmental Health & Safety) platform. The SMP will address the most pressing issues in science today: fragmented systems and the inefficiency they create.
Founded with a vision to transform lab management, eLabNext was launched in 2010 and provides a comprehensive Digital Lab Platform (DLP), which integrates the Electronic Lab Notebook (ELN), Laboratory Information Management Systems (LIMS), machine learning, and AI.
Since its inception in Cambridge, Massachusetts in 2003, SciShield has had an unwavering commitment to mitigating risk in science, offering software that empowers organisations with a system that improves lab safety, increases efficiency, and reduces financial risk. This transaction accelerates SciShield’s vision to deliver an unparalleled scientist experience via a platform that will serve as a digital ecosystem for stakeholders vested in delivering accurate, effective, safe, compliant, and streamlined scientific research.
This transaction further demonstrates Torch Partners’ expertise and successful track record in supporting PE-backed software companies deliver on their growth plans and execute cross border transactions.
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