M&A Deal Summary

Casamba Acquires HealthWyse

On October 18, 2016, Casamba acquired software company HealthWyse from Housatonic Partners

Acquisition Highlights
  • This is Casamba’s 2nd transaction in the Software sector.
  • This is Casamba’s 2nd transaction in the United States.
  • This is Casamba’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2016-10-18
Target HealthWyse
Sector Software
Buyer(s) Casamba
Sellers(s) Housatonic Partners
Deal Type Add-on Acquisition

Target

HealthWyse

Wilmington, Massachusetts, United States
website
HealthWyse LLC is a provider of clinical and financial software solutions for home care, hospice and private duty agencies. Delivered through a hosted data center with end-to-end managed services, the company‘s fully integrated services and software offerings include a Point of Care, Clinical Management and Billing solution customized to meet the needs of various agencies.

Search 193,724 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Casamba

Agoura Hills, California, United States

website


Category Company
Founded 2004
Sector Software
DESCRIPTION

Casamba is a supplier of enterprise software systems to large providers of therapy. Through its cloud-based platform, the Company provides comprehensive clinical therapy documentation, scheduling and billing automation solutions for contract therapy and other healthcare organizations. Casamba offers an integrated solution that expands its clients’ back-end office functionality, interfacing with other commercial healthcare and financial information systems. Casamba serves more than 8,000 skilled nursing, acute, outpatient and home health locations in the country, partnering with leading healthcare providers to serve patients on a national scale. Casamba was founded in 2004 and is based in Agoura Hills, California.


DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-18 Therapy Source Rehab Toolkit

Birmingham, Alabama, United States

Therapy Source Rehab Toolkit is a provider of software solutions to healthcare industry in US.

Buy -

Seller(S) 1

SELLER

Housatonic Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1994
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Housatonic Partners is a private equity firm focused on investing in growing, profitable companies with a preference for businesses generating recurring revenues. Target sectors include services, media, and communications. Housatonic looks to commit $10 to $30 million per transaction to support buyouts and recapitalizations. Prospective companies generally have high gross margins and moderate capital intensity. Housatonic was formed in 1994 and has offices in Boston, Massachusetts and San Francisco, California.


DEAL STATS #
Overall 33 of 44
Sector (Software) 2 of 3
Type (Add-on Acquisition) 16 of 20
State (Massachusetts) 9 of 9
Country (United States) 33 of 42
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-22 Accurate Neuromonitoring

Fairfield, New Jersey, United States

Accurate Neuromonitoring is a provider of outsourced Intraoperative Neurophysiological Monitoring (IONM) services to hospitals and surgical groups throughout New York and New Jersey. Accurate’s highly-skilled technologists and customized multimodality neuromonitoring protocol play a vital role in reducing the incidence of post-operative complications through early identification of emerging neural injury during surgery and facilitation of timely intervention by the surgical team. Accurate Neuromonitoring is based in Fairfield, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-24 ZircoDATA

Bentleigh, Australia

ZircoDATA provides a comprehensive range of records storage, scanning, data capture and document management solutions. ZircoDATA was founded in 1995 and is based in Bentleigh, Australia.

Buy -