WellSky - M&A Summary, Ownership, and Business Overview

SoftwareCompany

WellSky M&A Summary

WellSky has acquired 28 companies of its own, including 7 in the last 5 years. A total of 4 acquisitions came from private equity firms.

WellSky’s largest acquisition to date was in 2013, when it acquired Definitive Homecare Solutions for $43M. WellSky has acquired in 18 different US states, and 2 countries. The Company’s most targeted sectors include software (60%) and information technology (15%).

WellSky Ownership

Who owns WellSky?

WellSky is owned by TPG. It was acquired on December 20, 2016.

Is WellSky PE-backed?

Yes. WellSky is owned by private equity investor TPG.

Was WellSky formerly PE-backed?

Yes. WellSky was formerly owned by 1 private investor.

WellSky Business Overview

Where is WellSky headquartered?

WellSky is headquartered in Overland Park, Kansas.

What sector is WellSky in?

WellSky is a software company.

When was WellSky founded?

WellSky was founded in 1980.

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity27
  • Total Sectors Invested 6
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 6
  • M&A Advisors 2

WellSky

WellSky

11300 Switzer Road,
Overland Park, Kansas 66210
United States,
(913) 307-1000
www.wellsky.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 22 1 1 1 2 - 27
vol $45M $45M
Sell (0.0/yr) # - - - - - - 0
  27

Most Recent M&A

Company Date Value Type
The Corridor Group, Inc. 2023-10-12 - Add-on Acquisition
Overland Park, Kansas · www.corridorgroup.com
Experience Care LLC 2023-08-23 - Add-on Acquisition
Austin, Texas · www.experience.care
TapCloud LLC 2022-02-22 - Add-on Acquisition
Chicago, Illinois · www.tapcloud.com
Healthify, Inc. 2021-07-29 - Add-on Acquisition
New York, New York · www.healthify.us
CarePort Health 2020-10-13 - Divestiture
Boston, Massachusetts · www.careporthealth.com
ClearCare, Inc. 2019-10-08 - Add-on Acquisition
San Francisco, California · www.clearcareonline.com
Health Care Software, Inc. 2019-02-26 - Add-on Acquisition
Township, New Jersey · www.hcsinteractant.com
Consolo Services Group LLC 2018-12-14 - Add-on Acquisition
Lexington, Kentucky · www.consoloservices.com
Rock-Pond Solutions 2018-08-22 - Add-on Acquisition
Conway, Arizona · www.rock-pond.com
BlueStrata EHR 2018-08-01 - Add-on Acquisition
Creve Coeur, Montana · www.bluestrataehr.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 16 (59%) 45M (100%) - -
Information Technology 4 (15%) - - -
Internet Software and Services 4 (15%) - - -
Business Services 1 (4%) - - -
Healthcare Services 1 (4%) - - -
Information Services 1 (4%) - - -
Total 27 $45M - -

By Geo

State/Country Buy Value Sell Value
United States 26 43M - -
  New York 3 - - -
  Montana 2 - - -
  Massachusetts 2 - - -
  Georgia 2 - - -
  California 2 - - -
  Arizona 2 - - -
  Texas 2 - - -
  Maryland 1 - - -
  Louisiana 1 - - -
  Kentucky 1 - - -
  Kansas 1 - - -
  Indiana 1 - - -
  Illinois 1 - - -
  Virginia 1 - - -
  Rhode Island 1 - - -
  Ohio 1 43M - -
  North Carolina 1 - - -
  New Jersey 1 - - -
Netherlands 1 2M - -
Domestic 26 (96%) 43M (96%) - -
Cross-border 1 (4%) 2M (4%) - -
Total 27 $45M - -

Top M&A Advisors

Financial Deals
BofA Securities
1
Legal Deals
Ropes & Gray
1

Deal Values

buy # Total
< $100M 2 $45M
TOTAL $45M
Largest Definitive Homecare Solutions, Ltd.
$43M (2013-07-23)

M&A Connections

Deals
Acquired from
Investor(s)
11%
3 (11%)
Strategic(s)
7%
2 (7%)

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