1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Maryland >
  6. Bluesight Acquires Protenus

M&A Deal Summary

Bluesight Acquires Protenus

On January 9, 2025, Bluesight acquired software company Protenus from Eight Roads

Acquisition Highlights
  • This is Bluesight’s 2nd transaction in the Software sector.
  • This is Bluesight’s 3rd transaction in the United States.
  • This is Bluesight’s 1st transaction in Maryland.

M&A Deal Summary
Date 2025-01-09
Target Protenus
Sector Software
Buyer(s) Bluesight
Sellers(s) Eight Roads
Deal Type Add-on Acquisition
Advisor(s) Kirkland & Ellis
DLA Piper (Legal)

Target

Protenus

Baltimore, Maryland, United States
Protenus is a provider of healthcare compliance analytics platform. The Company harnesses the power of AI to provide healthcare organizations with scalable risk-reduction solutions that drive the safest patient outcomes while protecting the reputation of the organizations. Protenus was founded in 2014 and is based in Baltimore, Maryland.

Search 205,615 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Bluesight

Alexandria, Virginia, United States
Category Company
Sector Information Technology
DESCRIPTION

Bluesight solves supply chain inefficiencies and reduces risk by using AI and machine learning to surface actionable analytics for every step of the medication lifecycle. Bluesight is based in Alexandria, Virginia.

DEAL STATS #
Overall 3 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Maryland) 1 of 1
Country (United States) 3 of 3
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-17 Sectyr

Scottsdale, Arizona, United States

Sectyr is an innovative software company dedicated to addressing healthcare compliance obstacles through specialized software solutions. Sectyr is based in Scottsdale, Arizona.

Buy -

Seller(S) 1

SELLER

Eight Roads

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1969
Size Small
Type Sector Focused
DESCRIPTION

Eight Roads is a private investment firm focused on a variety of investment opportunities across the US, Europe, and Asia. The Firm is divided into several investment strategies including venture, principal investing, and real estate. Within the principal investments group, Eight Roads backs established growth businesses with long-term capital. Eight Roads does not have any sector preferences, but has experience in fintech, business services, and healthcare. Eight Roads is based in London.

DEAL STATS #
Overall 100 of 100
Sector (Software) 10 of 10
Type (Add-on Acquisition) 46 of 46
State (Maryland) 3 of 3
Country (United States) 61 of 61
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-23 Proximie

London, United Kingdom

Proximie is a secure software solution which expands virtual surgical collaboration enabling surgeons to share expertise using augmented reality tools before, during and after surgery. Proximie was founded in 2016 and is based in London, United Kingdom.

Sell -
Mergr

Product

Company

Legal