CloudMD - M&A Summary and Business Overview

Healthcare ServicesCompany

CloudMD M&A Summary

CloudMD has acquired 10 companies, including 9 in the last 5 years. It has also divested 1 asset.

CloudMD’s largest acquisition to date was in 2021, when it acquired MindBeacon Holdings for $116M. CloudMD has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include healthcare services (40%) and internet software and services (20%).

CloudMD Business Overview

Where is CloudMD headquartered?

CloudMD is headquartered in Vancouver, British Columbia.

What is CloudMD’s revenue?

CloudMD disclosed revenue of 102M CAD for 2021 and 15M CAD for 2020.

What sector is CloudMD in?

CloudMD is a healthcare services company.

When was CloudMD founded?

CloudMD was founded in 2013.

M&A Summary

M&A Total Activity11
- M&A Buy Activity10
- M&A Sell Activity1
Total Sectors Invested 5
Total Countries Invested 2
M&A Buy/Sell Connections 1
M&A Advisors 1

CloudMD

CloudMD Software & Services, Inc.

885 West Georgia Street 2200 HSBC Building,
Vancouver, British Columbia V6C 3EH
Canada,
www.cloudmd.ca

CloudMD develops innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry. CloudMD was founded in 2013 and is based in Vancouver, British Columbia.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (1.4/yr)	#	3	3	4	-	-	-	10
Buy (1.4/yr)	vol	$5M	$6M	$161M				$172M
Sell (0.2/yr)	#	-	-	-	1	-	-	1
								11

Most Recent M&A

Company	Date	Value	Type
Cloud Practice, Inc.	2022-10-11	-	Divestiture
Victoria, British Columbia · www.junoemr.com
MindBeacon Holdings Inc.	2021-11-15	116M USD	Add-on Acquisition
Toronto, Ontario · www.mindbeacon.com
Aspiria Corp.	2021-04-06	-	Add-on Acquisition
Markham, Ontario · www.aspiria.ca
IDYA4	2021-03-23	15M USD	Add-on Acquisition
East Brunswick, New Jersey · www.idya4.com
VisionPros, Inc.	2021-02-16	30M USD	Add-on Acquisition
Surrey, British Columbia · www.visionpros.com
Medical Confidence, Inc.	2020-10-22	6M USD	Add-on Acquisition
Richmond Hill, Ontario · www.medicalconfidence.com
Snapclarity, Inc.	2020-09-24	-	Add-on Acquisition
Ottawa, Ontario · www.snapclarity.com
West Mississauga Medical Ltd.	2020-06-16	-	Add-on Acquisition
Mississauga, Ontario · www.mississaugaclinic.com
Livecare Health Canada, Inc.	2019-12-19	-	Add-on Acquisition
Vancouver, British Columbia · www.livecare.ca
Cloud Practice, Inc.	2019-01-10	-	Add-on Acquisition
Victoria, British Columbia · www.junoemr.com
View All >>

M&A by Sector

Sector	Buy #	Value	Sell #	Value
Healthcare Services	4 (40%)	-	-	-
Internet Software and Services	2 (20%)	5M (3%)	1 (100%)	-
Information Technology	2 (20%)	131M (76%)	-	-
Medical Products	1 (10%)	6M (3%)	-	-
Retail	1 (10%)	30M (17%)	-	-
Total	10	$172M	1	-

By Geo

State/Country		Buy	Value	Sell	Value
Canada		9	157M	1	-
	Ontario	5	122M	-	-
	British Columbia	4	35M	1	-
United States		1	15M	-	-
	New Jersey	1	15M	-	-
Domestic		9 (90%)	157M (91%)	1 (100%)	-
Cross-border		1 (10%)	15M (9%)	-	-
Total		10	$172M	1	-

Top M&A Advisors

Legal	Deals
Cassels	1

Deal Values

buy	#	Total
$100M to $1B	1	$116M
< $100M	4	$56M
TOTAL		$172M
Largest	MindBeacon Holdings Inc. $116M (2021-11-15)

M&A Connections

		Deals
Divested to
Strategic(s)	100%	1 (100%)

Company Summary

SECTOR

Healthcare Services

Revenue

102 580%	2021
15 115%	2020
7 600%	2019
1	2018
(millions of CAD)	Show More Show Less

Established

2013

Public

Toronto (TSX): DOC

Former Name

Premier Health Group, Inc.

Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

1 Week Free Trial Learn 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

4.5K Private Equity Firms
193K M&A Transactions
197K Companies Involved in M&A
(Buyer, Seller, or Target)
3.6K M&A Advisors
(Investment Banks and Law Firms)
75K M&A Contacts
(PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for CloudMD

British Columbia Companies , Healthcare Services Companies , Canada Companies , British Columbia Healthcare Services Companies , British Columbia Healthcare Services with Acquisitions

Related Lists for British Columbia Companies

Largest British Columbia Companies , Acquisitive British Columbia Companies , Recently Acquired British Columbia Companies , Recently Sold British Columbia Companies , Private British Columbia Companies , Public British Columbia Companies , Acquired British Columbia Companies , PE Backed British Columbia Companies

Related Lists for Healthcare Services Companies

Largest Healthcare Services Companies , Acquisitive Healthcare Services Companies , Recently Acquired Healthcare Services Companies , Recently Sold Healthcare Services Companies , Private Healthcare Services Companies , Public Healthcare Services Companies , Acquired Healthcare Services Companies , PE Backed Healthcare Services Companies

Related Lists for Canada Companies

Largest Canada Companies , Acquisitive Canada Companies , Recently Acquired Canada Companies , Recently Sold Canada Companies , Private Canada Companies , Public Canada Companies , Acquired Canada Companies , PE Backed Canada Companies

CloudMD - M&A Summary and Business Overview

Healthcare ServicesCompany