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

Internet Software And ServicesCompany

athenahealth M&A Summary

athenahealth has acquired 9 companies of its own, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms.

athenahealth has acquired in 4 different US states. The Company’s most targeted sectors include information technology (45%) and software (23%).

athenahealth Ownership

Who owns athenahealth?

athenahealth is owned by Bain Capital Double Impact, Bain Capital Private Equity, Bain Capital Tech Opportunities and Hellman & Friedman. It was acquired on November 22, 2021.

Is athenahealth PE-backed?

Yes. athenahealth is owned by private equity investors Bain Capital Double Impact, Bain Capital Private Equity, Bain Capital Tech Opportunities and Hellman & Friedman.

Was athenahealth formerly PE-backed?

Yes. athenahealth was formerly owned by 2 private investors.

athenahealth Business Overview

Where is athenahealth headquartered?

athenahealth is headquartered in Watertown, Massachusetts.

What is athenahealth’s revenue?

athenahealth disclosed revenue of 1,220M USD for 2017 and 1,083M USD for 2016.

How many employees does athenahealth have?

athenahealth has 4,668 employees.

What sector is athenahealth in?

athenahealth is an internet software and services company.

When was athenahealth founded?

athenahealth was founded in 1997.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity9
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

athenahealth

athenahealth, Inc.

311 Arsenal Street,
Watertown, Massachusetts 02472
United States,
(800) 981-5084
www.athenahealth.com

athenahealth is a provider of Internet-based business services for physician practices. The Company's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software, a continuously updated payer knowledge-base, integrated back-office service operations, and live patient communications services. athenahealth was founded in 1997 and is based in Watertown, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 8 - - 1 - - 9
Sell (0.0/yr) # - - - - - - 0
  9

Most Recent M&A

Company Date Value Type
Quatris Healthco 2022-12-29 - Divestiture
Bedford, Texas · www.athenahealth.com/quatris-healthco
Virence Health Technologies 2019-07-01 - Merger
Westborough, Massachusetts · www.virencehealth.com
Praxify Technologies, Inc. 2017-06-08 - Add-on Acquisition
Palo Alto, California · www.praxify.com
Filament Labs, Inc. (dba Patient IO) 2016-08-29 - Add-on Acquisition
Austin, Texas · www.patientio.com
Arsenal Health 2016-04-14 - Add-on Acquisition
Cambridge, Massachusetts · www.smartscheduling.io
RazorInsights 2015-01-14 - Add-on Acquisition
Kennesaw, Georgia · www.razorinsights.com
Epocrates, Inc. 2013-03-12 - Add-on Acquisition
San Mateo, California · www.epocrates.com
Healthcare Data Services LLC 2012-10-10 - Add-on Acquisition
Boston, Massachusetts · www.hdsweb.com
Anodyne Health Partners, Inc. 2009-10-05 - Add-on Acquisition
Alpharetta, Georgia · www.anodynehp.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 4 (44%) - - -
Software 2 (22%) - - -
Business Services 1 (11%) - - -
Healthcare Services 1 (11%) - - -
Internet Software and Services 1 (11%) - - -
Total 9 - - -

By Geo

State/Country Buy Value Sell Value
United States 9 - - -
  Massachusetts 3 - - -
  Texas 2 - - -
  Georgia 2 - - -
  California 2 - - -
Total 9 - - -

M&A Connections

Deals
Acquired from
Investor(s)
44%
4 (44%)

 Subscribe to unlock this and 203,600
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 195K M&A Transactions
  • 199K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 76K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.