M&A Deal Summary

Brightly Software Acquires Facility Health

On December 14, 2021, Brightly Software acquired healthcare services company Facility Health

Acquisition Highlights
  • This is Brightly Software’s 1st transaction in the Healthcare Services sector.
  • This is Brightly Software’s 3rd transaction in the United States.
  • This is Brightly Software’s 1st transaction in Michigan.

M&A Deal Summary
Date 2021-12-14
Target Facility Health
Sector Healthcare Services
Buyer(s) Brightly Software
Deal Type Add-on Acquisition

Target

Facility Health

Grand Rapids, Michigan, United States
Facility Health is a solutions provider transforming physical environments through strategic capital and asset planning. The company's combined software and engineering professional services solution provides a real-time analysis of assets, the ability to monitor maintenance and repair performance based on your CMMS data, tracking of engineering assessments, and forecasting of asset useful life. Facility Health was formed in 2016 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

Brightly Software

Cary, North Carolina, United States
Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Brightly Software is a provider of cloud-based operations management software to the education, government, healthcare, and manufacturing verticals. Brightly Software was founded in 1999 and is headquartered in Cary, North Carolina.

DEAL STATS #
Overall 4 of 5
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Michigan) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-14 Precisely - Confirm

Pearl River, New York, United States

Confirm is an asset management platform that enables public and private sector organizations to deliver critical infrastructure services, maximize operational efficiencies, and leverage internet of things ("IoT") technology to unlock smart applications and use cases.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Energy Profiles

Toronto, Ontario, Canada

Energy Profiles is a software provider enabling Environmental, Social, and Governance (ESG) optimization for customer facilities. The company’s cloud-based software platforms, Stream® Utility Tracker and Building Intelligence® combine an understanding of building operations and the commercial real estate industry with technology that drives performance, improves efficiency, and advances sustainable operations. Energy Profiles was founded in 1996 and is headquartered in Toronto, Ontario.

Buy -
Mergr

Product

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