M&A Deal Summary

Mercury Healthcare Acquires Influence Health

On January 8, 2019, Mercury Healthcare acquired software company Influence Health from Silver Lake and EW Healthcare Partners

Acquisition Highlights
  • This is Mercury Healthcare’s 1st transaction in the Software sector.
  • This is Mercury Healthcare’s 1st transaction in the United States.
  • This is Mercury Healthcare’s 1st transaction in Alabama.

M&A Deal Summary

Date 2019-01-08
Target Influence Health
Sector Software
Buyer(s) Mercury Healthcare
Sellers(s) Silver Lake
EW Healthcare Partners
Deal Type Add-on Acquisition

Target

Influence Health

Birmingham, Alabama, United States
website
Influence Health, Inc. is a provider of patient engagement software and healthcare marketing analytics solutions to hospitals across the United States and Canada. The company's software platform helps healthcare organizations attract and retain patients and improves patient experience and care through enhanced patient-doctor communication and information accessibility.

Search 193,092 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Mercury Healthcare

Denver, Colorado, United States

website


Category Company
Founded 1998
Sector Software
DESCRIPTION

Mercury Healthcare is a technology and data analytics company that empowers healthcare organizations to engage consumers and optimize provider relationships to accelerate growth. Mercury Healthcare was founded in 1998 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Alabama) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-07 Evariant

Farmington, Connecticut, United States

Evariant, Inc. is a healthcare CRM platform combines digital marketing solutions, big data, and analytics to grow patient engagement and enable proactive care. Evariant was founded in Farmington, Connecticut.

Buy -

Seller(S) 2

SELLER

Silver Lake

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 102.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.


DEAL STATS #
Overall 46 of 58
Sector (Software) 11 of 14
Type (Add-on Acquisition) 14 of 18
State (Alabama) 1 of 1
Country (United States) 35 of 45
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-28 Dell

Round Rock, Texas, United States

Dell is a global provider of technology equipment and information technology software and solutions. Dell Technologies looks to bring together the entire infrastructure from hardware to software to services. Through its recent combination with EMC, Dell Technologies offers next-generation solutions through its Client Solutions Group, Infrastructure Solutions Group, VMware, Inc., RSA Information Security, SecureWorks Corp., Pivotal Software, Inc., Boomi, Inc., and Virtustream, Inc. Dell's solutions enable digital transformation and encompass software-defined data centers, all-flash arrays, hybrid cloud, converged and hyper-converged infrastructure, cloud-native software application development tools, mobile, and security solutions. Dell was incorporated in 1984 and is based in Round Rock, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-26 Exact

Delft, Netherlands

Exact is a provider of business software solutions. Its integrated solutions comprise traditional enterprise resource planning (ERP) as well as related software solutions such as human resource management (HRM), customer relationship management (CRM), corporate performance management (CPM), project management, and electronic workflow. Exact was founded in 1984 and headquartered in Delft, the Netherlands.

Buy -
SELLER

EW Healthcare Partners

Investor Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 1985
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Essex Woodlands Health Ventures is a growth equity and venture capital specialist investment firm focused on opportunities across the healthcare sector. Specific areas of interest include biotechnology, pharmaceuticals, medical devices, and healthcare services/IT. Historically, Essex invested primarily in early and later-stage situations; however, today the firm also makes growth capital investments between $20 - $60 million in companies valued between $50 - $250 million, as well as private investments in public entities (PIPEs). Essex Woodlands was formed in 1985 and offices in Palo Alto, California; New York City; Houston, Texas; Shanghai and London.


DEAL STATS #
Overall 46 of 52
Sector (Software) 2 of 2
Type (Add-on Acquisition) 30 of 34
State (Alabama) 1 of 1
Country (United States) 41 of 45
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-20 Cognate BioServices

Memphis, Tennessee, United States

Cognate BioServices, Inc. is a fully-integrated contract bioservices organization that provides a systematic level of scientific and management expertise. Cognate provides full development and cGMP manufacturing services to companies and institutions engaged in the development and manufacture of cell-based products. Cognate BioServices was founded in 2002 and is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-08 Venus Concept

Toronto, Ontario, Canada

Venus Concept is a global medical technology company that develops, commercializes, and delivers safe, efficacious, and easy-to-use aesthetic technologies and related practice enhancement services in a unique, industry-disruptive subscription-based business model. Venus Concept was founded in 2002 and is based in Toronto, Onratio.

Sell -