Add-on Acquisition • Software

AlayaCare Acquires Canesto Systems

On June 18, 2018, AlayaCare acquired software company Canesto Systems

Acquisition Context
  • This is AlayaCare’s 1st transaction in the Software sector.
  • This is AlayaCare’s 1st transaction in Canada.
  • This is AlayaCare’s 1st transaction in Ontario.

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M&A Deal Summary

Date June 18, 2018
Target Canesto Systems
Sector Software
Buyer(s) AlayaCare
Deal Type Add-on Acquisition

Target Company

Canesto Systems

Ajax, Ontario, Canada
Canesto Systems, Inc. is a provider of contact and resource management software provider for home and community care organizations. Canesto Systems is based in Ajax, Ontario.
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Buyer Overview 1

Buyer

AlayaCare

Toronto, Ontario, Canada

Category Company
Sector Internet Software and Services
DESCRIPTION

AlayaCare is a provider of cloud-based home healthcare software. With a product spanning clinical documentation, back office functionality, client and family portals, remote patient monitoring, and mobile care worker functionality, AlayaCare offers a platform for agencies to propel towards innovation and home care of the future.


Deal Context for Buyer #
Overall 1 of 4
Sector: Software 1 of 4
Type: Add-on Acquisition 1 of 3
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2018 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-03 Procura Group

Westmont, Illinois, United States

Procura Group is a provider of enterprise software for long-term and post-acute care organizations. Procura Group was founded in 1989 and is based in Westmont, Illinois.

Buy -