M&A Deal Summary |
|
|---|---|
| Date | 2018-03-07 |
| Target | ABILITY Network |
| Sector | Information Technology |
| Buyer(s) | Inovalon |
| Sellers(s) |
Summit Partners
HarbourVest Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.2B USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Information Technology |
| Employees | 2,500 |
| Revenue | 668M USD (2020) |
Inovalon is a provider of cloud-based platforms empowering data-driven healthcare. Through the Inovalon ONE Platform, the company brings to the marketplace a national-scale capability to interconnect with the healthcare ecosystem, aggregate and analyze data in real-time, and empower the application of resulting insights to drive meaningful impact at the point of care. Inovalon was founded in 1998 and is based in Bowie, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector (Information Technology) | 3 of 3 |
| Type (Add-on Acquisition) | 5 of 6 |
| State (Minnesota) | 1 of 2 |
| Country (United States) | 5 of 6 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-01 |
ComplexCare Solutions
New York, New York, United States ComplexCare Solutions (CCS) is a New York-based health services company with service centers in New York, Tennessee, and Puerto Rico. ComplexCare specializes in face-to-face services for Medicare Advantage, Managed Long Term Care (MLTC), Medicaid, SNP, and commercial plan members. CCS is focused on integrating the continuum of care for complex, frail, elderly, special needs, and dually-eligible individuals. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-05 |
VigiLanz
Minneapolis, Minnesota, United States VigiLanz is a provider of SaaS-based clinical surveillance and patient safety technology. The firm is focused on advancing the delivery of data-driven care by transforming complex patient data into meaningful and actionable insights in real-time, helping clinicians and life sciences identify opportunities to avoid or minimize harm, improve safety, and provide the highest quality healthcare. It is a clinical partner to a large and growing community of hospital CMOs, CMIOs, CIOs, quality and safety teams, infectious disease and control specialists, pharmacists, and other clinicians dedicated to innovative, real-time inpatient and outpatient care. VigiLanz was formed in 2001 and is based in Minneapolis, Minnesota. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 222 of 281 |
| Sector (Information Technology) | 17 of 21 |
| Type (Add-on Acquisition) | 98 of 126 |
| State (Minnesota) | 8 of 9 |
| Country (United States) | 200 of 243 |
| Year (2018) | 2 of 13 |
| Size (of disclosed) | 7 of 49 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-15 |
onXmaps
Missoula, Montana, United States onXmaps is a provider of mobile and web-based off-pavement maps and GPS technology for hunting and other outdoor pursuits. The company aggregates data on property ownership, trails, permitted land use, and many other parameters to deliver the most relevant and rich geospatial data to any device, anywhere. onXmaps was formed in 2009 and is based in Missoula, Montana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-09 |
Integrated DNA Technologies
Coralville, Iowa, United States Integrated DNA Technologies, Inc. is a manufacturer of custom nucleic acids (i.e. building blocks of DNA and RNA) and assists researchers in advancing genomics technology, including synthetic biology and Next-Generation Sequencing. The company serves more than 80,000 customers across a diverse set of end markets including academic research, biotechnology, clinical diagnostics and pharmaceuticals. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 86.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 93 of 127 |
| Sector (Information Technology) | 11 of 18 |
| Type (Add-on Acquisition) | 37 of 55 |
| State (Minnesota) | 2 of 2 |
| Country (United States) | 58 of 81 |
| Year (2018) | 1 of 4 |
| Size (of disclosed) | 18 of 38 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-14 |
Elatec
Puchheim, Germany Elatec is a provider in the development and global sales of contactless (RFID, NFC, Bluetooth) and contact (SmartCard) readers/writers. Elatec modules enable the clear identification of individual users on end devices and are used across a broad range of numerous applications and solutions, such as secure printing, elevator systems, fitness devices, industrial production, kiosk, physical access, and point-of-sale systems. Elatec was founded in 1988 and is based in Puchheim, Germany. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-21 |
CRS Solutions
Houston, Texas, United States CRS Solutions is a technology-enabled provider of comprehensive point-of-sale (“POS”) solutions to established single and multi-unit operators in the restaurant, retail, and other hospitality end markets. CRS delivers its highly customized front-of-the-house technology solutions through a recurring service and solutions model for merchants who have complex service needs. CRS Solutions was formed in 1972 and is based in Houston, Texas. |
Buy | - |
