Add-on Acquisition • Education

Carrus Acquires Archetype Innovations

On March 31, 2021, Carrus acquired education company Archetype Innovations

Acquisition Context
  • This is Carrus’ 3rd transaction in the Education sector.
  • This is Carrus’ 5th transaction in the United States.
  • This is Carrus’ 2nd transaction in Minnesota.

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M&A Deal Summary

Date March 31, 2021
Target Archetype Innovations
Sector Education
Buyer(s) Carrus
Deal Type Add-on Acquisition

Target Company

Archetype Innovations

Duluth, Minnesota, United States
Archetype Innovations provides digital platform-based learning to the medical educational field through patient cases and content, all within a multidisciplinary and interprofessional educational EHR. Archetype Innovations was founded in 2008 and is based in Duluth, Minnesota.
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Buyer Overview 1

Buyer

Carrus

Lehi, Utah, United States

Category Company
Founded 1992
Sector Internet Software and Services
DESCRIPTION

Carrus is a provider of online competency-driven education courses to students throughout the United States and in several foreign countries. Carrus was established in 1992 and is based in Lehi, Utah.


Deal Context for Buyer #
Overall 5 of 5
Sector: Education 3 of 3
Type: Add-on Acquisition 4 of 4
State: Minnesota 2 of 2
Country: United States 5 of 5
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division

Saint Paul, Minnesota, United States

Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division is a provider of end-to-end education, consulting and data analytics solutions to the revenue cycle and healthcare financial marketplaces.

Buy -