Pro-ficiency, LLC
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Pro-ficiency, LLC - overview
Established
2014
Location
Raleigh, NC, US
Primary Industry
Healthcare IT
About
Based in North Carolina, US, and founded in 2014 by David Hadden and JoAnne Schaberick, Pro-ficiency, LLC is the eLearning and training simulation provider for the Association for Clinical Research Providers (ARCP), which provides training and certification. This includes GCP, pharmacovigilance, and skills training for research staff. In June 2024, Simulations Plus, Inc. acquired Proficiency, LLC, from NovaQuest Capital Management and QHP Capital for USD 100 million in cash.
Pro-ficiency offers a full range of healthcare simulation-based services, including real-time data and predictive analytics, training and compliance monitoring tools, and a turn-key supply of personalized virtual training simulations. Its product portfolio includes the Human Intelligence Engine, which helps with decision-making and actionable insights across clinical trials, medical affairs, and commercialization. A simulation training platform that creates risk-free environments where learners can practice complex scenarios with reduced operational risk. The company offers medical communications knowledge, simulation-based training for clinical trials, and strategic event planning to aid with commercialization.
Current Investors
QHP Capital
Primary Industry
Healthcare IT
Sub Industries
Education & Training Services, Education & Training Website, Healthcare IT, Pharmaceutical Research & Development, Analytics & Performance Software, Education & Training Software
Verticals
HealthTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Pro-ficiency, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Pro-ficiency, LLC | - | ||||||||
| Growth | Completed | Pro-ficiency, LLC | - | ||||||||
| Add-on | Completed | Compass Group Partners, LLC | - | ||||||||
| Add-on | Completed | Fugitive Labs | - |
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