M&A
confidence high
sentiment positive
materiality 0.55
Forian acquires Kyber Data Science from TD Cowen to enhance healthcare analytics
Forian Inc.
- Forian (FORA) acquired all equity interests of Kyber Data Science LLC, effective October 31, 2024.
- Consideration was assumption of Kyber's ordinary course liabilities; no cash paid.
- Kyber provides advanced healthcare data analytics and machine learning to financial services firms.
- Kyber CEO Jeff Forringer joins Forian; acquisition brings proprietary algorithms and data scientists.
- All outstanding Class B Units of Kyber cancelled pre-closing with no consideration.