M&A Deal Summary

ConnectAmerica Acquires 100Plus

On August 24, 2021, ConnectAmerica acquired information technology company 100Plus

Acquisition Highlights
  • This is ConnectAmerica’s 1st transaction in the Information Technology sector.
  • This is ConnectAmerica’s 3rd transaction in the United States.
  • This is ConnectAmerica’s 1st transaction in California.

M&A Deal Summary

Date 2021-08-24
Target 100Plus
Sector Information Technology
Buyer(s) ConnectAmerica
Deal Type Add-on Acquisition

Target

100Plus

San Francisco, California, United States
100Plus is a Remote Patient Monitoring platform empowering doctors to manage their chronic patients remotely, proactively engage them to avoid expensive, episodic care, and drive a higher quality of life. The 100Plus medical devices are included as part of the remote patient monitoring service, which incurs no out-of-pocket cost for the majority of patients. When a patient receives a 100Plus medical device, it's fully configured and ready to use out of the box - no smartphone, app, Bluetooth, WiFi, or cellular plan required. The program can reduce episodic care and improves patient care by continuously monitoring high-risk senior patients. 100Plus was formed in 2016 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

ConnectAmerica

Bala Cynwyd, Pennsylvania, United States

Category Company
Founded 2004
Sector Healthcare Services
DESCRIPTION

Connect America is a provider of medical alert systems. With a full suite of reliable connected health solutions offered directly and through more than 1,000 healthcare network partners. Connect America was established in 2004 and is based in Bala Cynwyd, Pennsylvania.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Koninklijke Philips - Aging and Caregiving business

Amsterdam, Netherlands

Koninklijke Philips' Aging and Caregiving (ACG) business offer Lifeline Personal Emergency Response System (PERS) and senior living solutions with 24/7 access to trained care specialists, and digital solutions that help caregivers stay connected. Koninklijke Philips' Aging and Caregiving (ACG) business is based in Amsterdam, Netherlands.

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