M&A Deal Summary

Clearwater Compliance Acquires CynergisTek

On May 23, 2022, Clearwater Compliance acquired information technology company CynergisTek for 18M USD

Acquisition Highlights
  • This is Clearwater Compliance’s 1st transaction in the Information Technology sector.
  • This is Clearwater Compliance’s largest (disclosed) transaction.
  • This is Clearwater Compliance’s 1st transaction in the United States.
  • This is Clearwater Compliance’s 1st transaction in California.

M&A Deal Summary

Date 2022-05-23
Target CynergisTek
Sector Information Technology
Buyer(s) Clearwater Compliance
Deal Type Add-on Acquisition
Deal Value 18M USD
Advisor(s) AGC Partners (Financial)
Kirton McConkie PC (Legal)

Target

CynergisTek

Austin, California, United States
website
CynergisTek is a cybersecurity and information management consulting firm dedicated to serving the healthcare industry. CynergisTek offers specialized services and solutions to help organizations achieve privacy, security, compliance, and document output goals. CynergisTek was founded in 2004 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Clearwater Compliance

Nashville, Tennessee, United States

website


Category Company
Sector Information Technology
DESCRIPTION

Clearwater Compliance is a provider of cyber risk management and regulatory compliance solutions to the healthcare industry. Clearwater Compliance is based in Nashville, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1