M&A Deal Summary

Commure Acquires Augmedix

On July 19, 2024, Commure acquired information technology company Augmedix for 139M USD

Acquisition Highlights
  • This is Commure’s 1st transaction in the Information Technology sector.
  • This is Commure’s largest (disclosed) transaction.
  • This is Commure’s 1st transaction in the United States.
  • This is Commure’s 1st transaction in California.

M&A Deal Summary
Date 2024-07-19
Target Augmedix
Sector Information Technology
Buyer(s) Commure
Deal Type Add-on Acquisition
Deal Value 139M USD
Advisor(s) Evercore Group (Financial)
Morrison & Foerster (Legal)

Target

Augmedix

San Francisco, California, United States
Augmedix is an ambient AI medical documentation and data solutions provider that empowers clinicians to connect with patients by liberating them from administrative burdens through the power of ambient AI, data, and trust. The platform transforms natural conversations into organized medical notes, structured data, and point-of-care notifications that enhance efficiency and clinical decision support. Augmedix is headquartered in San Francisco, California.

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Buyer(S) 1

Buyer

Commure

Mountain View, California, United States
Category Company
Sector Information Technology
DESCRIPTION

Commure provides technology to healthcare systems by using AI and automation to eliminate distractions and keep providers connected to their patients throughout the care journey. Commure is based in Mountain View, California.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal