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  6. ABILITY Network Acquires Secure Bill Pay

M&A Deal Summary

ABILITY Network Acquires Secure Bill Pay

On July 18, 2017, ABILITY Network acquired information technology company Secure Bill Pay

Acquisition Highlights
  • This is ABILITY Network’s 4th transaction in the Information Technology sector.
  • This is ABILITY Network’s 8th transaction in the United States.
  • This is ABILITY Network’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2017-07-18
Target Secure Bill Pay
Sector Information Technology
Buyer(s) ABILITY Network
Deal Type Add-on Acquisition

Target

Secure Bill Pay

Saint Paul, Minnesota, United States
Secure Bill Pay is a provider of an all-in-one set of tools to enable providers to facilitate patient payment throughout the revenue cycle. Secure Bill Pay was established in 2008 and is headquartered in Saint Paul, Minnesota.

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Buyer(S) 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 STATS #
Overall 8 of 8
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 7 of 7
State: Minnesota M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 ShiftHound

Vista, California, United States

ShiftHound, Inc. is a cloud-based SaaS healthcare workforce management solutions. ShiftHound provides applications to improve scheduling effectiveness and operational efficiency. ShiftHound was established in 2000 and is based in Vista, California.

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