ABOUT
ANJU SOFTWARE

Anju was founded to consolidate “best of breed” software solutions and provide an integrated life sciences software platform to pharma, biotech, medical device and CRO companies. Anju offers a family of products that enhance the value of the acquired company offerings.

Anju is a portfolio company of Providence Strategic Growth Fund which is a part of Providence Equity Partners. Providence is a premier, global asset management firm with $50 billion in assets under management across complementary private equity and credit businesses. Providence pioneered a sector focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. 

Anju Software aims to grow organically and through strategic acquisitions. Organic growth plans include increasing the footprint within existing customers by offering incremental solutions based on customer requirements as well as traditional go to market strategies for acquiring new customers. For acquisitions, the focus is on companies that have market acceptance for their products and have demonstrated its value to an existing customer base. Profitability is not a major decision factor for Anju. Both strategies require Anju to provide exceptional customer service and value for its customers post acquisition.

Anju Product Offerings

Anju Software also provides value added products that can plug into applications offered by acquired software that enhances the value to customers. These include, Anju BUS (Software to provide integration to third party products. DV (Data Visualization) which can extract data from Anju and third-party products and provide Data Mining and Data Visualization tools, Universal Mobile Platform and CODING which allows to normalize words used for clinical trials and MEDINFO by referencing standard medical dictionary of company specific dictionaries. All these products work seamlessly with all Anju family of products.

Our Focus
SMART ACQUISITIONS

We are actively looking to acquire founder-owned or VC-backed software business that has focus on life science. We have a strong bias for companies with a recurring revenue business model or a high percentage of revenue from stable customer support and maintenance contracts.

Anju is focused on acquiring companies with the following attributes:

SECTOR - Life Sciences
  • Enterprise Software
  • “Tech Enabled” services
  • Software-as-a-Service (Saas)
COMPANY
  • Software products with clear value proposition for customers
  • Stable and diverse customer base with high retention rates
  • Sustainable long-term competitive advantage of products
  • Large addressable market
FINANCIALS
  • $3 to $30 million of revenue
  • Stable revenue history
  • High gross margins
  • Profitability not important

For You
SELLER BENEFITS

Anju Software is a perfect partner for founders looking to transition out of day-to-day management of companies they have built.

Anju's operating philosophy ensures the continuity of the long-term relationships founders have built with their customers. We provide founders with a liquidity event, while continuing to build success within the companies we acquire. Our number one focus is on continuing to support the customers of companies we acquire to ensure a smooth transition and continuing to provide them with the next generation of technology. 

Anju can also acquire VC-backed companies, whether or not they are profitable, if VCs are looking for exit options for companies that may not be candidates for an IPO or a strategic sale.

Software Focus

Extensive technology and operations experience within the enterprise software sector ensures that we can quickly evaluate the potential with prospective acquisition candidates

Long-Term Commitment

Our focus is to buy and build sustainable companies and we are not constrained by exit or IPO requirements

M&A Track Record

Our team has closed over 120 M&A transactions and can work expeditiously towards closing while causing minimum disruption to the acquired companies' business 

Flexible Terms

We are a privately held company that can creatively structure a deal to meet seller preferences, including 100% cash buy out 

Experienced Operators

Our team consists of operators and investment professionals with solid experience in building, growing and operating enterprise software businesses

Our
ACQUISITIONS

Our strategic acquisitions are focused on companies in the life sciences industry.

ClinPlus

ClinPlus is an easy-to-use eClinical technology platform backed by second-to-none support and expertise that enables global clinical study teams to successfully manage and expedite clinical trials.

Open Q

OpenQ is a market leader in helping life science companies identify, profile and compliantly manage relationships with Key Opinion Leaders (KOL). OpenQ’s solutions combine Big Data with expert validation and software applications to deliver actionable information that mitigates compliance risks, while leveraging the latest cloud-based and mobile applications to improve compliant medical network access, collaboration and management.

OBA

Online Business Applications has been developing software for Medical Information departments for over twenty years. Our comprehensive understanding of the unique requirements of these departments enables us to effectively deliver solutions to our clients that are appropriate and cost effective. Our software, IRMS, has been established as the industry standard for MI departments around the world.

Our
LEADERSHIP

Our leadership team is comprised of a diverse group of executives and business leaders who have been responsible for our consistent level of success
Kurien Jacob
As CEO of Anju Software and Board member, Kurien is responsible for the overall strategy, direction and vision for the organization. Kurien is an experienced executive having held Chief Executive Officer and Chief Financial Officer positions in five different industries including transportation, consumer electronics, automotive accessories, financial planning and audit and software industries spanning 25 years. Prior to Anju, Kurien served as the Chief Executive Officer of AFS Technologies and AFS Financial Solutions. AFS was one of the most successful software consolidation platforms and created the leading supply chain software platform for the CPG and F&B industries. Kurien serves on several independent boards, is an Executive Partner at Blue Cloud Ventures and on the Advisory Board of Argentum Capital Partners. He is a Fellow of the Institute of Chartered Accountants in England and Wales and holds an Advanced Management Certificate from the Sloan School of Management at MIT. Kurien is a graduate of University of Madras.
Lisa Whinnie
As the Chief Customer Officer at Anju, Lisa is responsible for its customer centric focus and providing leadership into the overall customer lifecycle success, which includes client services, project management, support, sales, account management and customer satisfaction. Prior to Anju, Lisa was the Chief Customer Officer and EVP Operations, managing professional services and support responsibilities, at AFS Technologies. She established the Customer Advocacy Group which contributed to the rapid organic growth and customer success focus on achieving high customer satisfaction. Lisa has over 25+ years of experience in team building integration within global software organizations. She specializes adding value for customers by aligning business efficiency requirements with technology. She has held executive technology roles within industries such as, Consumer Packaged Goods, Telecommunications and Distribution. She holds a Bachelor of Science degree in Business and Information Systems.
Suhas Gudihal
As the CTO of Anju Software, Suhas is the key technology strategist in providing guidance, driving product roadmap and product development for all of Anju's solutions. Prior to Anju, Suhas orchestrated the technology and product portfolio as CTO of AFS technologies, contributing to the company’s growth. Suhas is an experienced technology executive with strong expertise in enterprise architecture, product development and technology integration with a proven track record of building engineering teams with focus on real time scalable enterprise solutions. Suhas was formerly the VP Software Services for CGI and Consultant Engagement Manager for Tata Consulting. He holds Master Degree in Computer Science, Master of Business Administration with Technology specialization and is a Fellow of the Institute of Management Accountants.
Gopi Vaddi
Gopi is a Managing Director in the Providence Strategic Growth team based out of Providence, RI. Gopi is currently a director of Anju Software, Conversica, LogicMonitor and Untangle. Prior to joining Providence in 2012, Gopi was an executive director at J.P. Morgan. Previously, Gopi worked at Columbia Capital as a principal focusing on growth equity and venture investments in communications, media and technology. Prior to Columbia Capital, Gopi held operating and research roles at Cisco Systems, Avici Systems and Sprint Corporation. Gopi received a Master of Business Administration from the Wharton School of the University of Pennsylvania, where he graduated as a Palmer Scholar, a Master of Electrical Engineering from the University of Kansas and a Bachelor of Electrical Engineering from Jawaharlal Nehru University.
Satish Tadikonda
Satish Tadikonda is an entrepreneur who specializes in the life sciences and healthcare sectors. As an entrepreneur and early stage investor, Satish has helped found and/or fund more than 15 innovative companies in technology, health care and the life sciences. Most recently, he founded and is the managing partner of Avigo Solutions, a life sciences solutions development company.

Prior to Avigo, Satish was the Founder/CEO of Virtify, a software company focused on developing structured content management solutions to accelerate clinical and regulatory approvals for life sciences companies. Satish has been an active participant in helping develop a number of industry standards (DICOM, CDISC, SPL/PLR, RPS, eStability and other HL7 standards). He also helped found the DIA Special Interest Group on Content Reuse and actively participated on the DIA Steering Committee on Clinical Trial Disclosure. Satish has published and presented more than 30 articles in peer-reviewed journals and international conferences on topics in global labeling, medical imaging, clinical trial data management/disclosure, and technology in the life sciences.  Satish holds a Doctorate in Electrical and Computer Engineering and a Bachelor of Technology degree in Electrical and Electronics Engineering.
Alexis Egan
Alexis Egan is a Managing Director and head of origination for Providence Strategic Growth. Alexis is currently a director of Anju Software. Prior to joining Providence in 2014, Alexis had been at Garvin Hill since its inception in 2009. Prior to joining Garvin Hill, she was an Executive Director at CIBC. Prior to that, Alexis was an Associate at TA Associates, a Boston-based growth equity firm focused on technology investments. Previously, Alexis was a financial analyst at the investment banking firm, Alex Brown. Ms. Egan received a Bachelor of Arts from Harvard College.


CONTACT US

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