M&A Deal Summary

EverCommerce Acquires MDTech

On July 8, 2021, EverCommerce acquired software company MDTech

Acquisition Highlights
  • This is EverCommerce’s 3rd transaction in the Software sector.
  • This is EverCommerce’s 4th transaction in the United States.
  • This is EverCommerce’s 2nd transaction in Texas.

M&A Deal Summary
Date 2021-07-08
Target MDTech
Sector Software
Buyer(s) EverCommerce
Deal Type Add-on Acquisition

Target

MDTech

Houston, Texas, United States
website
MDTech is a provider of mobile charge capture solutions. MDTech provides accurate, efficient, and simple charge capture and analytics solutions to small- and medium-sized practices across 20 different specialties and 29 states. MDTech was founded in 2015 and is based in Houston, Texas.

Search 193,724 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

EverCommerce

Denver, Colorado, United States

website

Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

EverCommerce is a service commerce platform, connecting best-of-breed marketing, business management, and customer retention technology solutions for more than 200,000 service sector organizations across the globe. EverCommerce provides comprehensive solutions for businesses in the high-growth Home & Field Service, Health Service, and Fitness & Wellness industries. EverCommerce was founded in 2016 and is based in Denver, Colorado.

DEAL STATS #
Overall 7 of 8
Sector (Software) 3 of 3
Type (Add-on Acquisition) 7 of 8
State (Texas) 2 of 2
Country (United States) 4 of 5
Year (2021) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Timely

Dunedin, New Zealand

Timely is a global appointment booking software company used by spas and salons across the United Kingdom, Australia and New Zealand. Timely is based in Dunedin, New Zealand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 DrChrono

Sunnyvale, California, United States

DrChrono is a cloud-based, medical platform serving more than 4,600 independent practices and 13,000 providers across medical specialties. DrChrono offers integrated EMR/EHR, practice management, revenue cycle management, payment acceptance, telehealth, and medical billing, and is at the forefront of mobile-first technology and medical care accessibility. DrChrono was founded in 2009 and is based in Sunnyvale, California.

Buy -
Mergr

Product

Company

Legal