M&A Deal Summary

CareCloud Acquires GlobalNet Solutions

On April 2, 2012, CareCloud acquired information technology company GlobalNet Solutions

Acquisition Highlights
  • This is CareCloud’s 5th transaction in the Information Technology sector.
  • This is CareCloud’s 5th transaction in the United States.
  • This is CareCloud’s 1st transaction in Ohio.

M&A Deal Summary

Date 2012-04-02
Target GlobalNet Solutions
Sector Information Technology
Buyer(s) CareCloud
Deal Type Add-on Acquisition

Target

GlobalNet Solutions

Mansfield, Ohio, United States
GlobalNet Solutions, Inc. is a provider of electronic health practice and revenue cycle management solutions.

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Buyer(S) 1

Buyer

CareCloud

Somerset, New Jersey, United States

Category Company
Founded 1999
Sector Software
Employees3,650
Revenue 111M USD (2024)
DESCRIPTION

CareCloud is a provider of practice and revenue cycle management services and proprietary software solutions to private physician offices and hospital-employed provider groups. CareCloud was incorporated in 1999 and is based in Somerset, New Jersey.


DEAL STATS #
Overall 5 of 15
Sector: Information Technology M&A 5 of 12
Type: Add-on Acquisition M&A Deals 5 of 14
State: Ohio M&A 1 of 1
Country: United States M&A 5 of 15
Year: 2012 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-06 United Physicians Management Services

Winston-Salem, North Carolina, United States

United Physicians Management Services, Inc. is a revenue cycle and practice management company based in Winston-Salem, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-20 Medical Management

La Plata, Maryland, United States

Medical Management LLC is a provider of software revenue cycle management services.

Buy -