Add-on Acquisition • Communications

ABILITY Network Acquires Ivans

On April 30, 2013, ABILITY Network acquired communications company Ivans

Acquisition Context
  • This is ABILITY Network’s 1st transaction in the Communications sector.
  • This is ABILITY Network’s 1st transaction in the United States.
  • This is ABILITY Network’s 1st transaction in Connecticut.

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M&A Deal Summary

Date April 30, 2013
Target Ivans
Sector Communications
Buyer(s) ABILITY Network
Deal Type Add-on Acquisition

Target Company

Ivans

Stamford,, Connecticut, United States
Ivans, Inc. is a provider of communication services to the Web based healthcare network, retailers, manufacturers, and business services.
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Buyer Overview 1

Buyer

ABILITY Network

Minneapolis, Minnesota, United States

Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

ABILITY Network, Inc. is a information technology company helping providers and payers simplify the administrative and clinical complexities of healthcare through innovative applications and data analytics. ABILITY is headquartered in Minneapolis with principal offices in Boston and Tampa.


Deal Context for Buyer #
Overall 1 of 8
Sector: Communications 1 of 1
Type: Add-on Acquisition 1 of 7
State: Connecticut 1 of 1
Country: United States 1 of 8
Year: 2013 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-12 MD On-Line

Parsippany, New Jersey, United States

MD On-Line, Inc. is a provider in healthcare information technology company that works closely with providers, payers, and clearinghouses to facilitate the insurance claims process by increasing and facilitating electronic claims.

Buy -