M&A Deal Summary

Netsmart Acquires CMHC Systems

On September 28, 2005, Netsmart acquired information technology company CMHC Systems

Acquisition Highlights
  • This is Netsmart’s 1st transaction in the Information Technology sector.
  • This is Netsmart’s 1st transaction in the United States.
  • This is Netsmart’s 1st transaction in Ohio.

M&A Deal Summary

Date 2005-09-28
Target CMHC Systems
Sector Information Technology
Buyer(s) Netsmart
Deal Type Add-on Acquisition
Advisor(s) InterOcean Advisors (Financial)

Target

CMHC Systems

Dublin, Ohio, United States
CMHC Systems, an Ohio-based provider of integrated enterprise software and business services solutions to the behavioral and public healthcare markets.

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Buyer(S) 1

Buyer

Netsmart

Overland Park, Kansas, United States

Category Company
Founded 1968
Sector Internet Software and Services
Employees337
DESCRIPTION

Netsmart is a provider of enterprise software and software as a service (SaaS) solutions for health and human services providers. Netsmart provides technology and expertise to help health and human services providers deliver effective, outcomes-based services and care to more than 25 million persons nationwide. Netsmart clients include mental health and addiction services agencies, health homes, psychiatric hospitals, private and group mental health practices, public health departments, social services, child and family services agencies, managed care organizations and vital records offices. Netsmart was founded in 1968 and is based in Overland Park, Kansas.


DEAL STATS #
Overall 1 of 16
Sector: Information Technology M&A 1 of 6
Type: Add-on Acquisition M&A Deals 1 of 14
State: Ohio M&A 1 of 2
Country: United States M&A 1 of 16
Year: 2005 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-23 MainTree Systems

Johnson City, Tennessee, United States

MainTree Systems is a privately owned Internet and software development company.

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