M&A Deal Summary

Hyland Acquires Streamline Health Solutions - Enterprise Content Management

On February 25, 2020, Hyland acquired software company Streamline Health Solutions - Enterprise Content Management from Streamline Health Solutions for 16M USD

Acquisition Highlights
  • This is Hyland’s 6th transaction in the Software sector.
  • This is Hyland’s largest (disclosed) transaction.
  • This is Hyland’s 13th transaction in the United States.
  • This is Hyland’s 1st transaction in Georgia.

M&A Deal Summary

Date 2020-02-25
Target Streamline Health Solutions - Enterprise Content Management
Sector Software
Buyer(s) Hyland
Sellers(s) Streamline Health Solutions
Deal Type Divestiture
Deal Value 16M USD

Target

Streamline Health Solutions - Enterprise Content Management

Atlanta, Georgia, United States
Streamline Health Solutions, Inc.'s Enterprise Content Management (ECM) provides organizations with unique, modular solutions that help them streamline their work processes and share information among their employees, business partners, and customers.

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Buyer(S) 1

Buyer

Hyland

Westlake, Ohio, United States

website


Category Company
Founded 1991
Sector Software
DESCRIPTION

Hyland is a developer and marketer of enterprise content management (ECM) software. The company's OnBase enterprise content management solution is deployable at both the departmental and enterprise levels and provides organizations with unique, modular solutions that help them streamline their work processes and share information among their employees, business partners, and customers. Hyland was founded in 1991 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 13 of 16
Sector (Software) 6 of 9
Type (Divestiture) 4 of 4
State (Georgia) 1 of 1
Country (United States) 13 of 15
Year (2020) 2 of 4
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-05 Learning Machine Technologies

New York City, New York, United States

Learning Machine Technologies, Inc. is a provider of blockchain credentialing solutions based on the Blockcerts open standard, enabling customers around the world to issue verifiable digital records at scale. Learning Machine is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-21 Another Monday

Cologne, Germany

Another Monday is a robotic process automation (RPA) software developer. Another Monday is based in Cologne, Germany.

Buy -

Seller(S) 1

SELLER

Streamline Health Solutions

Alpharetta, Georgia, United States

website


Category Company
Founded 1989
Sector Information Technology
Employees134
Revenue 17M USD (2022)
DESCRIPTION

Streamline Health Solutions is a provider of integrated solutions and analytics services supporting revenue cycle optimization for healthcare enterprises. Streamline Health Solutions was founded in 1989 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Divestiture) 2 of 2
State (Georgia) 2 of 2
Country (United States) 2 of 2
Year (2020) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Streamline Health Solutions - Patient Engagement Solutions

Atlanta, Georgia, United States

Streamline Health Solutions, Inc. - Patient Engagement Solutions suite consists primarily of Patient Scheduling and Surgery Management software.

Sell $2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 Avelead

Suwanee, Georgia, United States

Avelead provides innovative technology solutions that automate and improve the revenue cycle in healthcare. Avelead's SaaS cloud-based platform provides hospitals and health systems with solutions focused on key areas of the Revenue Cycle: Patient Financial Services, Revenue Integrity, Revenue Optimization, and Cost Savings. Avelead's solutions allow providers to set the cruise control on their Clinically Driven Revenue Cycle. Avelead was founded in 2014 and is based in Suwanee, Georgia.

Buy $20M