M&A Deal Summary |
|
|---|---|
| Date | 2023-10-12 |
| Target | Corridor |
| Sector | Business Services |
| Buyer(s) | WellSky |
| Sellers(s) | HealthEdge Investment Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Lincoln International (Financial) |
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WellSky is a supplier of software as a service (SaaS) and other software platforms for healthcare and human services providers and payers across acute, non-acute, and community-based sites of care. WellSky was founded in 1980 and is based in Overland Park, Kansas.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 27 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 25 of 25 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 26 of 26 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-23 |
Experience Care
Austin, Texas, United States Experience Care is a provider of software solutions to post-acute and long-term care providers. The company provides an innovative customer experience through our modernized software, collaborative customer support, and customer-focused approach. Its solutions allow long-term care facilities to strengthen community partnerships and confidently manage care transitions with a single integrated electronic health record and financial solution. Experience Care was formed in 1969 and is based in Austin, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| Size | Small |
| Type | Sector Focused |
HealthEdge Investment Partners is an operating-oriented private equity firm that targets the healthcare industry. The firm pursues buyouts, recapitalizations or structured investments in healthcare companies with a strong market share. HealthEdge targets businesses with enterprise value ranging between $10 million and $100 million, and with revenues ranging between $5 million and $75 million. Moreover, the firm looks for companies with EBITDA near $15 million. The firm typically commits between $5 million to $20 million of capital per company. HealthEdge focuses on the healthcare segments that involve medical products, devices and equipment, healthcare services, healthcare IT, pharmaceutical, and distribution. HealthEdge Investment Partners was founded in 2005 and is based in Tampa, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector (Business Services) | 3 of 3 |
| Type (Add-on Acquisition) | 11 of 11 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 17 of 17 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-31 |
Veridian Healthcare
Gurnee, Illinois, United States Veridian Healthcare is a distributor of in-home diagnostics and pain relief products. The company provides innovative products to the growing healthcare market, focusing on brand development and strategic partnerships while expanding its blue-chip wholesale and retail customer portfolio. It offers over 50 years of combined management and sales experience, providing competitively priced and high-quality products designed to meet the standards of today’s healthcare professionals. Veridian Healthcare was founded in 2009 and is based in Gurnee, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-04 |
P3 Oral Surgery
Charleston, West Virginia, United States P3 Oral Surgery is an oral surgery service organization that provides business services such as revenue cycle management, purchasing, accounting & finance, marketing, human resources, and IT support. P3 Oral Surgery is based in Charleston, West Virginia. |
Buy | - |
