M&A Deal Summary

BurstIQ Acquires LifeGraph Intelligence

On June 13, 2023, BurstIQ acquired information technology company LifeGraph Intelligence from Olive

Acquisition Highlights
  • This is BurstIQ’s 1st transaction in the Information Technology sector.
  • This is BurstIQ’s 1st transaction in the United States.
  • This is BurstIQ’s 1st transaction in Ohio.

M&A Deal Summary

Date 2023-06-13
Target LifeGraph Intelligence
Sector Information Technology
Buyer(s) BurstIQ
Sellers(s) Olive
Deal Type Divestiture

Target

LifeGraph Intelligence

Columbus, Ohio, United States
LifeGraph Intelligence provides cutting-edge technologies such as Natural Language Processing, Machine Learning, and AI to extract meaningful insights from clinical notes and EMR fields.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

BurstIQ

Englewood, Colorado, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

BurstIQ is a provider of data-driven healthcare solutions. BurstIQ was founded in 2015 and is based in Englewood, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Olive

Columbus, Ohio, United States

Category Company
Sector Information Technology
DESCRIPTION

Olive, Inc. is a developer of AI workforce is built to fix broken healthcare system by addressing healthcare's most burdensome issues -- delivering hospitals and health systems and payers increased revenue, reduced costs, and increased capacity. Olive is based in Columbus, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Ohio M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-10 Olive - Utilization Management Solution and Business Unit

Columbus, Ohio, United States

Olive's Utilization Management Solution and Business Unit strengthens Availity’s existing strategy to deliver an automated solution for end-to-end authorization transactions. Olive's Utilization Management Solution and Business Unit is based in Columbus, Ohio.

Sell -