MergerJun 16, 2026, 09:06 AM
Simulations Plus to be Acquired by Altaris for $375 Million
AI Summary
Simulations Plus, Inc. announced it has entered into a definitive agreement to be acquired by affiliates of Altaris, LLC in an all-cash transaction valued at approximately $375 million. Stockholders will receive $18.50 per share in cash, a 26% premium to the 60-day volume-weighted average price. Altaris anticipates combining Simulations Plus with its existing portfolio company, Chemical Computing Group (CCG), upon closing. The transaction, unanimously approved by the Simulations Plus Board of Directors, is expected to close in the fourth quarter of 2026, pending customary approvals. Simulations Plus will not hold an earnings call for its upcoming third quarter results due to the pending transaction.
Key Highlights
- Simulations Plus to be acquired by Altaris for approximately $375 million in an all-cash transaction.
- Stockholders will receive $18.50 per share in cash, representing a 26% premium to the 60-day volume-weighted average price.
- The transaction is expected to close in the calendar fourth quarter of 2026, subject to customary closing conditions.
- Simulations Plus anticipates combining with Altaris portfolio company Chemical Computing Group (CCG) at or about the closing.
- Simulations Plus cofounder and director Dr. Walter Woltosz has entered into a voting and support agreement to vote in favor of the transaction.
- Simulations Plus plans to report its third quarter fiscal 2026 financial results on July 9, 2026, but will not hold an earnings call while the transaction is pending.
Price Impact
More from SLP