M&A Deal Summary |
|
|---|---|
| Date | 2022-12-29 |
| Target | Quatris Healthco |
| Sector | Software |
| Buyer(s) | athenahealth |
| Sellers(s) | Seaport Capital |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Internet Software and Services |
| Employees | 4,668 |
| Revenue | 1.2B USD (2017) |
athenahealth is a provider of Internet-based business services for physician practices. The Company's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software, a continuously updated payer knowledge-base, integrated back-office service operations, and live patient communications services. athenahealth was founded in 1997 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Software M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 9 of 9 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
Virence Health Technologies
Westborough, Massachusetts, United States Virence Health Technologies is a leading software provider that leverages technology and analytics to help healthcare providers across the continuum of care effectively manage their financial, clinical, and human capital workflows. Offering a comprehensive suite of innovative technology-enabled solutions, Virence aims to improve quality, increase efficiency, and reduce waste in the healthcare industry. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| Size | Middle-Market |
| Type | Sector Focused |
Seaport Capital is a private equity firm that targets equity and mezzanine investments in private middle-market companies. Funds are generally used to support late-stage growth opportunities, as well as buyouts and recapitalizations. Seaport prefers businesses with high margins and recurring revenues. Sectors of interest include marketing services, publishing, media, communications, business services, education, software, cable, and information services. Seaport seeks private companies valued between $25 and $150 million and looks to commit up to $40 million of equity per transaction. Seaport requires board representation and typically holds investments for three to seven years. Seaport Capital was formed in 1997 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 31 |
| Sector: Software M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 3 of 3 |
| Country: United States M&A | 25 of 29 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-25 |
eostar
Holland, Michigan, United States eostar is a provider of end-to-end software solutions for beverage distributors, including route accounting, warehouse management, forecasting, and mobile sales capabilities through its proprietary software. eostar was established in 1986 and is based in Holland, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-05 |
Linen King
Tulsa, Oklahoma, United States Linen King is a provider of outsourced healthcare laundry services to hospitals and healthcare facilities across the mid-South US. Linen King was established in 1999 and is based in Tulsa, Oklahoma. |
Sell | - |
