M&A Deal Summary

Experity Acquires DocuTAP

On May 9, 2019, Experity acquired software company DocuTAP from Warburg Pincus

Acquisition Highlights
  • This is Experity’s 1st transaction in the Software sector.
  • This is Experity’s 1st transaction in the United States.
  • This is Experity’s 1st transaction in South Dakota.

M&A Deal Summary

Date 2019-05-09
Target DocuTAP
Sector Software
Buyer(s) Experity
Sellers(s) Warburg Pincus
Deal Type Merger

Target

DocuTAP

Sioux Falls, South Dakota, United States
website
DocuTAP is a provider of software for electronic medical records, practice management software and revenue cycle management for more than 1,300 urgent care and primary care clinics. The Company has grown significantly in the last several years, expanding its workforce, and adding 350 urgent care clinics to its network in the last year alone.

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Buyer(S) 1

Buyer

Experity

Machesney Park, Illinois, United States

website


Category Company
Founded 2019
Sector Software
DESCRIPTION

Experity provides SaaS software solutions and technology-enabled services for the urgent care industry. The Company provides electronic medical records, practice management, patient engagement software, revenue cycle management solutions, and outsourced teleradiology services to over 5,700 urgent care clinics in the U.S. Experity was formed in 2019 and is based in Machesney Park, Illinois.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 2
Type (Merger) 1 of 1
State (South Dakota) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-20 Calibrater Health

New York, New York, United States

Calibrater Health engages in helping healthcare brands operationalize truly patient-centered care. Calibrater grew out of a strategic partnership in urgent care and now serves several medical sectors. Calibrater Health started with an SMS-based survey tool, based on the simple truth that texts get higher response rates. Calibrater Health provides a full suite of tools to help hospitals and practices engage providers and staff, turn around patient experience mishaps, and boost their overall SEO and online reputation.

Buy -

Seller(S) 1

SELLER

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


DEAL STATS #
Overall 181 of 249
Sector (Software) 13 of 21
Type (Merger) 7 of 12
State (South Dakota) 1 of 1
Country (United States) 106 of 136
Year (2019) 9 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-03 Brightly Software

Cary, North Carolina, United States

Brightly Software is a provider of cloud-based operations management software to the education, government, healthcare, and manufacturing verticals. Brightly Software was founded in 1999 and is headquartered in Cary, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-13 Canbriam Energy

Calgary, Alberta, Canada

Canbriam Energy Inc. is a private company focused on unconventional resource exploration and development. Canbriam Energy was founded in 2007 and is based in Calgary, Canada.

Sell -