M&A Deal Summary

Avel eCare Acquires NightWatch

On January 10, 2023, Avel eCare acquired healthcare services company NightWatch

Acquisition Highlights
  • This is Avel eCare’s 1st transaction in the Healthcare Services sector.
  • This is Avel eCare’s 1st transaction in the United States.
  • This is Avel eCare’s 1st transaction in West Virginia.

M&A Deal Summary

Date 2023-01-10
Target NightWatch
Sector Healthcare Services
Buyer(s) Avel eCare
Deal Type Add-on Acquisition

Target

NightWatch

Crab Orchard, West Virginia, United States
website
NightWatch provides remote pharmacy services to hospitals, clinics and nursing homes. NightWatch is based in Crab Orchard, West Virginia.

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Buyer(S) 1

Buyer

Avel eCare

Sioux Falls, South Dakota, United States

website


Category Company
Founded 1993
Sector Healthcare Services
DESCRIPTION

Avel eCare offers the most comprehensive virtual health networks by partnering with more than 600 health care systems, rural hospitals, outpatient clinics, long-term care facilities, assisted livings, and schools across the country. The company's programs improve efficiencies, decrease provider burnout and turnover, and keep patients closer to home. Avel eCare was formed in 1993 and is based in Sioux Falls, South Dakota.


DEAL STATS #
Overall 1 of 3
Sector (Healthcare Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (West Virginia) 1 of 1
Country (United States) 1 of 3
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-19 Fident Health

Addison, Texas, United States

Fident Health is a virtual hospitalist provider dedicated to delivering high-quality telemedicine care to rural and suburban communities. Fident Health was founded in 2016 and is based in Addison, Texas.

Buy -