M&A Deal Summary

Carrus Acquires Archetype Innovations

On March 31, 2021, Carrus acquired education company Archetype Innovations

Acquisition Highlights
  • This is Carrus’ 3rd transaction in the Education sector.
  • This is Carrus’ 5th transaction in the United States.
  • This is Carrus’ 2nd transaction in Minnesota.

M&A Deal Summary
Date 2021-03-31
Target Archetype Innovations
Sector Education
Buyer(s) Carrus
Deal Type Add-on Acquisition

Target

Archetype Innovations

Duluth, Minnesota, United States
Archetype Innovations provides digital platform-based learning to the medical educational field through patient cases and content, all within a multidisciplinary and interprofessional educational EHR. Archetype Innovations was founded in 2008 and is based in Duluth, Minnesota.

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Buyer(S) 1

Buyer

Carrus

Lehi, Utah, United States

website

Category Company
Founded 1992
Sector Internet Software and Services
DESCRIPTION

Carrus is a provider of online competency-driven education courses to students throughout the United States and in several foreign countries. Carrus was established in 1992 and is based in Lehi, Utah.

DEAL STATS #
Overall 5 of 5
Sector (Education) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Minnesota) 2 of 2
Country (United States) 5 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division

Saint Paul, Minnesota, United States

Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division is a provider of end-to-end education, consulting and data analytics solutions to the revenue cycle and healthcare financial marketplaces.

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