M&A Deal Summary

Avel eCare Acquires HPM

On December 23, 2024, Avel eCare acquired healthcare services company HPM

Acquisition Highlights
  • This is Avel eCare’s 4th transaction in the Healthcare Services sector.
  • This is Avel eCare’s 4th transaction in the United States.
  • This is Avel eCare’s 1st transaction in Kansas.

M&A Deal Summary

Date 2024-12-23
Target HPM
Sector Healthcare Services
Buyer(s) Avel eCare
Deal Type Add-on Acquisition

Target

HPM

Iola, Kansas, United States
HPM provides remote medication order reviews and onsite pharmacy management services for hospitals and health systems. HPM is based in Iola, Kansas.

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Buyer(S) 1

Buyer

Avel eCare

Sioux Falls, South Dakota, United States

Category Company
Founded 1993
Sector Healthcare Services
DESCRIPTION

Avel eCare offers the most comprehensive virtual health networks by partnering with more than 600 health care systems, rural hospitals, outpatient clinics, long-term care facilities, assisted livings, and schools across the country. The company's programs improve efficiencies, decrease provider burnout and turnover, and keep patients closer to home. Avel eCare was formed in 1993 and is based in Sioux Falls, South Dakota.


DEAL STATS #
Overall 4 of 4
Sector (Healthcare Services) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Kansas) 1 of 1
Country (United States) 4 of 4
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Horizon Virtual

Saint Cloud, Minnesota, United States

Horizon Virtual is a telemedicine company engaged in virtual hospitalist services. Horizon Virtual is based in Saint Cloud, Minnesota.

Buy -