CloudMD Mergers and Acquisitions Summary

Healthcare ServicesCompany

CloudMD has acquired 10 companies, including 10 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 information technology (20%).

Join Mergr and gain access to CloudMD’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the healthcare services sector.

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 ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.8/yr) # 1 2 3 4 - - 10
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 Brock & Blackwell LLP
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%)

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