M&A Deal Summary

Clearwater Acquires CynergisTek

On May 23, 2022, Clearwater acquired information technology company CynergisTek for 18M USD

Acquisition Highlights
  • This is Clearwater’s 1st transaction in the Information Technology sector.
  • This is Clearwater’s largest (disclosed) transaction.
  • This is Clearwater’s 1st transaction in the United States.
  • This is Clearwater’s 1st transaction in California.

M&A Deal Summary

Date 2022-05-23
Target CynergisTek
Sector Information Technology
Buyer(s) Clearwater
Deal Type Add-on Acquisition
Deal Value 18M USD
Advisor(s) AGC Partners (Financial)
Kirton McConkie (Legal)

Target

CynergisTek

Austin, California, United States
CynergisTek is a cybersecurity and information management consulting firm dedicated to serving the healthcare industry. CynergisTek offers specialized services and solutions to help organizations achieve privacy, security, compliance, and document output goals. CynergisTek was founded in 2004 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Clearwater

Nashville, Tennessee, United States

Category Company
Sector Information Technology
DESCRIPTION

Clearwater is a provider of cyber risk management and regulatory compliance solutions to the healthcare industry. Clearwater is based in Nashville, Tennessee.


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
Size (of disclosed) 1 of 1