M&A Deal Summary

Emids Acquires Cloud Development Resources

On January 21, 2022, Emids acquired information technology company Cloud Development Resources

Acquisition Highlights
  • This is Emids’ 3rd transaction in the Information Technology sector.
  • This is Emids’ 3rd transaction in the United States.
  • This is Emids’ 1st transaction in Florida.

M&A Deal Summary
Date 2022-01-21
Target Cloud Development Resources
Sector Information Technology
Buyer(s) Emids
Deal Type Add-on Acquisition

Target

Cloud Development Resources

Lakewood Ranch, Florida, United States
Cloud Development Resources (CDR) is a digital consulting firm specializing in leveraging the OutSystems low-code platform to deliver business transformation for clients in the healthcare, pharmaceutical, finance, insurance, and consumer packaged goods industries. CDR is the single most experienced OutSystems Partner in the Americas. Its team of both onshore and offshore experts has decades of hands-on experience building and running enterprise-scale applications on the OutSystems platform. Cloud Development Resources was formed in 2018 and is based in Lakewood Ranch, Florida.

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Buyer(S) 1

Buyer

Emids

Franklin, Tennessee, United States
Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

Emids is a global provider of healthcare technology expertise and consulting services and solutions that serve payers, providers and tech enablers. emids helps bridge the critical gaps in accessible, affordable, high-quality healthcare by providing advisory consulting services, custom application development, and data solutions. Services include EHR application deployment and management, analytics, data integration and governance, software development and testing, and business intelligence.

DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Quovantis Technologies

Noida, India

Quovantis Technologies is a design and software development company that enables health technology and product companies to deliver compelling digital experiences for web, mobile and wearables. Quovantis Technologies was founded in 2010 and is based in Noida, India.

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