M&A Deal Summary

ClaimLogiq Acquires SyTrue

On July 27, 2022, ClaimLogiq acquired information technology company SyTrue

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

M&A Deal Summary

Date 2022-07-27
Target SyTrue
Sector Information Technology
Buyer(s) ClaimLogiq
Deal Type Add-on Acquisition
Advisor(s) First Analysis Corp. (Financial)

Target

SyTrue

Chico, California, United States
SyTrue is a provider of natural language processing for health plans providers. SyTrue is based in Chico, California.

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Buyer(S) 1

Buyer

ClaimLogiq

Mount Pleasant, South Carolina, United States

Category Company
Sector Software
DESCRIPTION

ClaimLogiq is a healthcare software and technology company that delivers a proactive approach to payment integrity through a powerful, simplified solution. The unique payer-facing, claim-analyzing solution is HITRUST CSF® certified and makes claim reviews accessible to all size healthcare payers for in-depth insight and real-time access into the status of every claim at every stage of the audit lifecycle for controlled, consistent, accurate, and defensible outcomes. ClaimLogiq is based in Mount Pleasant, South Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1