Simulations Plus to be Acquired by Altaris for $375M in All-Cash Deal
SLP sits 48% above its 52-week low of $11.09.
Summary
Simulations Plus announced its acquisition by Altaris for $375 million, with shareholders receiving $18.50 per share in cash, representing a 26% premium.
Key Events · M&A and Partnerships · SLP
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Acquisition Agreement
Simulations Plus entered a definitive agreement to be acquired by affiliates of Altaris, LLC for approximately $375 million.
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Shareholder Payout
Stockholders will receive $18.50 per share in cash, representing a 26% premium to the 60-day volume-weighted average price as of June 15, 2026.
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Strategic Combination
Upon closing, Simulations Plus is anticipated to be combined with Chemical Computing Group, an existing Altaris portfolio company.
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Transaction Timeline
The all-cash transaction, unanimously approved by the board, is expected to close in the calendar fourth quarter of 2026, subject to shareholder and regulatory approvals.
Analysis · SLP · Technology
This 8-K formally announces that Simulations Plus will be acquired by Altaris for approximately $375 million, with shareholders receiving $18.50 per share in cash. This represents a 26% premium to the 60-day volume-weighted average price. The transaction is expected to close in Q4 2026 and will result in Simulations Plus becoming a privately held subsidiary, combined with Altaris's existing portfolio company, Chemical Computing Group. This is a definitive, thesis-altering event for the company and its shareholders.
At the time of this filing, SLP was trading at $16.40 on NASDAQ in the Technology sector, with a market capitalization of approximately $330.8M. The 52-week trading range was $11.09 to $21.01. This filing was assessed with positive market sentiment and an importance score of 10 out of 10.