OREANDA-NEWS. Inovalon (Nasdaq: INOV), a leading technology company providing advanced cloud-based analytics and data-driven intervention platforms to the health care industry, announced today that it has completed its previously announced acquisition of former ABS Capital portfolio company Avalere Health, Inc. All customary closing conditions have been satisfied and antitrust clearance has been received.

The addition of Avalere, with its more than 200 pharma/life sciences clients, is expected to significantly expand Inovalon’s leadership in the broader health care marketplace and enables the company to expand its industry leading capabilities into an expansive adjacent market. Based in Washington, D.C., Avalere is a leading provider of data-driven advisory services and business intelligence solutions whose core purpose is to create innovative solutions to complex health care problems.

About Avalere

Avalere is a vibrant community of innovative thinkers dedicated to solving the challenges of the health care system. Working as a trusted thought-leader and partner to the senior leadership of more than 200 pharma/life sciences clients, as well as an extensive array of payor, provider, and research institutions, we deliver a comprehensive perspective, compelling substance, and creative solutions to help our clients make better business decisions. We partner with stakeholders from across health care to help improve care delivery through better data, insights, and strategies. With breakthrough business intelligence tools and programs, we empower business leaders to take action.