Add-on Acquisition • Software

Chordline Health Acquires DataSmart Solutions

On June 9, 2021, Chordline Health acquired software company DataSmart Solutions

Acquisition Context

This is Chordline Health’s 1st transaction in the Software sector.
This is Chordline Health’s 1st transaction in the United States.
This is Chordline Health’s 1st transaction in Montana.

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M&A Deal Summary
Date	June 9, 2021
Target	DataSmart Solutions
Sector	Software
Buyer(s)	Chordline Health
Deal Type	Add-on Acquisition

Target Company

DataSmart Solutions

Helena, Montana, United States

DataSmart Solutions is a predictive risk analytics software company that leverages disparate information sources claims data, health records, lab work and develops a risk stratification profile for a given population utilizing the industry-leading Johns Hopkins ACG System. DataSmart Solutions was formed in 2008 and is based in Helena, Montana.

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Buyer Overview 1

Buyer

Chordline Health

Wilmington, North Carolina, United States

Category	Company
Founded	1983
Sector	Software

DESCRIPTION

Chordline Health is a provider of software and clinical solutions that support and improve medical management operations for health plans, TPAs, ACOs, and other case management organizations. Chordline Health was founded in 1983 and is based in Wilmington, North Carolina.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Montana	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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