M&A Deal Summary

Paramount Management Services Acquires Sovrin Health Systems

On September 13, 2013, Paramount Management Services acquired healthcare services company Sovrin Health Systems

Acquisition Highlights
  • This is Paramount Management Services’ 1st transaction in the Healthcare Services sector.
  • This is Paramount Management Services’ 1st transaction in the United States.
  • This is Paramount Management Services’ 1st transaction in California.

M&A Deal Summary

Date 2013-09-13
Target Sovrin Health Systems
Sector Healthcare Services
Buyer(s) Paramount Management Services
Deal Type Add-on Acquisition

Target

Sovrin Health Systems

Glendale, California, United States
website
Sovrin Health Systems, Inc. is a provider of revenue cycle management services to medical providers.

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Buyer(S) 1

Buyer

Paramount Management Services

Glendale, California, United States

website


Category Company
Founded 2008
Sector Healthcare Services
DESCRIPTION

Paramount Management Services, Inc. is a provider of direct medical-legal billing and collections services.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1