M&A Deal Summary

AMPS Acquires Drexi

On January 12, 2021, AMPS acquired internet software and services company Drexi

Acquisition Highlights
  • This is AMPS’s 1st transaction in the Internet Software and Services sector.
  • This is AMPS’s 1st transaction in the United States.
  • This is AMPS’s 1st transaction in Arizona.

M&A Deal Summary
Date 2021-01-12
Target Drexi
Sector Internet Software and Services
Buyer(s) AMPS
Deal Type Add-on Acquisition

Target

Drexi

Tempe, Arizona, United States
website
Drexi, Inc. is a pharmacy solution that enables savings by transparent pricing and pass-thru on prescription medications available at a nationwide network of more than 65,000 pharmacies. Drexi is based in Tempe, Arizona.

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Buyer(S) 1

Buyer

AMPS

Phoenix, Arizona, United States

website

Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

AMPS provides its services to mid-sized and large employers, health plans, and municipalities to reduce healthcare expenditures without negatively affecting member benefits or health outcomes. AMPS is a national leader in reference based reimbursement, the non-PPO based health plan delivery model that has proven to reduce costs for employers and healthcare plans by 30% or more over conventional PPO options. AMPS also specializes in the review and audit of large healthcare bills prior to payment. AMPS was founded in 2005 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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