Inovalon - M&A Summary, Ownership, and Business Overview

Information TechnologyCompany

Inovalon M&A Summary

Inovalon has acquired 7 companies of its own, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 1 asset.

Inovalon’s largest acquisition to date was in 2018, when it acquired ABILITY Network for $1.2B. Inovalon has acquired in 5 different US states. The Company’s most targeted sectors include healthcare services (34%) and information technology (34%).

Inovalon Ownership

Who owns Inovalon?

Inovalon is owned by 22C Capital, Insight Partners and Nordic Capital. It was acquired on August 19, 2021.

Is Inovalon PE-backed?

Yes. Inovalon is owned by private equity investors 22C Capital, Insight Partners and Nordic Capital.

Inovalon Business Overview

Where is Inovalon headquartered?

Inovalon is headquartered in Bowie, Maryland.

What is Inovalon’s revenue?

Inovalon disclosed revenue of 668M USD for 2020 and 642M USD for 2019.

How many employees does Inovalon have?

Inovalon has 2,500 employees.

What sector is Inovalon in?

Inovalon is an information technology company.

When was Inovalon founded?

Inovalon was founded in 1998.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5
  • M&A Advisors 1

Inovalon

Inovalon Holdings, Inc.

4321 Collington Road,
Bowie, Maryland 20716
United States,
(301) 809-4000
www.inovalon.com

Inovalon is a provider of cloud-based platforms empowering data-driven healthcare. Through the Inovalon ONE Platform, the company brings to the marketplace a national-scale capability to interconnect with the healthcare ecosystem, aggregate and analyze data in real-time, and empower the application of resulting insights to drive meaningful impact at the point of care. Inovalon was founded in 1998 and is based in Bowie, Maryland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - - - - 1 6
vol $1.4B $1.4B
Sell (0.2/yr) # - - - 1 - - 1
  7

Most Recent M&A

Company Date Value Type
VigiLanz Corp. 2024-02-05 - Add-on Acquisition
Minneapolis, Minnesota · www.vigilanz.com
Avalere Health (old) 2022-06-02 - Divestiture
Washington, District of Columbia
ABILITY Network, Inc. 2018-03-07 1.2B USD Add-on Acquisition
Minneapolis, Minnesota · www.abilitynetwork.com
ComplexCare Solutions, Inc. 2017-07-01 - Add-on Acquisition
New York, New York · www.complexcaresolutions.com
Creehan & Co., Inc. 2016-09-22 105M USD Add-on Acquisition
Canonsburg, Pennsylvania · www.creehan.com
Avalere Health (old) 2015-09-01 140M USD Add-on Acquisition
Washington, District of Columbia
Catalyst Information Technologies, Inc. (dba Catalyst Technologies) 2009-09-11 - Add-on Acquisition
Snellville, Georgia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 2 (33%) 140M (10%) 1 (100%) -
Information Technology 2 (33%) 1.2B (83%) - -
Internet Software and Services 2 (33%) 105M (7%) - -
Total 6 $1.4B 1 -

By Geo

State/Country Buy Value Sell Value
United States 6 1.4B 1 -
  Minnesota 2 1.2B - -
  District of Columbia 1 140M 1 -
  Pennsylvania 1 105M - -
  New York 1 - - -
  Georgia 1 - - -
Total 6 $1.4B 1 -

Top M&A Advisors

Legal Deals
Skadden, Arps, Slate, Meagher & Flom
1

Deal Values

buy # Total
> $1B 1 $1.2B
$100M to $1B 2 $245M
TOTAL $1.4B
Largest ABILITY Network, Inc.
$1.2B (2018-03-07)

M&A Connections

Deals
Acquired from
Investor(s)
50%
3 (50%)
Divested to
Strategic(s)
100%
1 (100%)

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