M&A Deal Summary

symplr Acquires Vistar Technologies

On May 18, 2017, symplr acquired software company Vistar Technologies

Acquisition Highlights
  • This is symplr’s 3rd transaction in the Software sector.
  • This is symplr’s 5th transaction in the United States.
  • This is symplr’s 1st transaction in Florida.

M&A Deal Summary
Date 2017-05-18
Target Vistar Technologies
Sector Software
Buyer(s) symplr
Deal Type Add-on Acquisition
Advisor(s) Bailey Southwell & Co. (Financial)

Target

Vistar Technologies

Wellington, Florida, United States
website
Vistar Technologies Corp. is a provider of powerful web-based system with comprehensive functionality for quality and provider data management. The eVIPs solution is a state of the art application that supports all aspects of provider data management including recruiting, credentialing, targeted verifications, criteria based privileging, quality management, ongoing monitoring and compliance. The eVIPs solution will provide a core source system for quality analysis, data access and reporting. Vistar Technologies has a proven track record, as a strategic solutions provider and integration partner for healthcare organizations across the country.

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Buyer(S) 1

Buyer

symplr

Houston, Texas, United States

website

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

symplr is a healthcare governance, risk, and compliance SaaS platform, offering provider management, credential management, and payer enrollment services to over 1,500 customers representing more than 4,000 healthcare facilities in North America. symplr was founded in 2006 and is based in Houston, Texas.

DEAL STATS #
Overall 5 of 16
Sector (Software) 3 of 8
Type (Add-on Acquisition) 2 of 11
State (Florida) 1 of 1
Country (United States) 5 of 14
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 Cactus Software

Overland Park, Kansas, United States

Cactus Software is a provider in the development and support of provider management software for hospitals, managed care organizations, CVOs, and physician groups.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-20 Centricity Contingent Staffing

Hartford, Wisconsin, United States

Centricity Contingent Staffing is a provider of human capital management solutions to the healthcare industry including time and attendance, staffing and scheduling, patient classification, payroll, human resource, productivity management and education tracking software.

Buy -
Mergr

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