M&A Deal Summary

CloudMD Acquires IDYA4

On March 23, 2021, CloudMD acquired information technology company IDYA4 for 15M USD

Acquisition Highlights
  • This is CloudMD’s 1st transaction in the Information Technology sector.
  • This is CloudMD’s 3rd largest (disclosed) transaction.
  • This is CloudMD’s 1st transaction in the United States.
  • This is CloudMD’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2021-03-23
Target IDYA4
Sector Information Technology
Buyer(s) CloudMD
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

IDYA4

East Brunswick, New Jersey, United States
IDYA4 is a health data integration and data security company working to transform businesses through improved data management, security and integration, as well as protection against today’s ever-changing cyber threats. IDYA4 was founded in 2020 and is based in East Brunswick, New Jersey.

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Buyer(S) 1

Buyer

CloudMD

Vancouver, British Columbia, Canada

Category Company
Founded 2013
Sector Healthcare Services
Revenue 91M CAD (2023)
DESCRIPTION

CloudMD develops innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry. CloudMD was founded in 2013 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 8 of 10
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 8 of 10
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2021) 2 of 4
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 VisionPros

Surrey, British Columbia, Canada

VisionPros is an authorized retailer for all major contact lens and eyeglass manufacturers and Lowest Price Contacts will now have access to all the brands that customers request. VisionPros strives to carry the best selection of contact lenses, eyewear, and sunglasses, at a fraction of the prices found at an Optometrist's office or local sunglasses retailer. VisionPros was founded in 2010 and is based in Surrey, British Columbia.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Aspiria

Markham, Ontario, Canada

Aspiria provides an integrated Employee (“EAP”) and Student Assistance Program (“SAP”), that focuses on a comprehensive suite of mental health and wellness solutions for all employer and educational sectors. Aspiria was formed in 2003 and is based in Markham, Ontario.

Buy -