Divestiture • Software

ConnectiveRx Acquires Medicom Digital - Rx Savings Assistant

On December 9, 2021, ConnectiveRx acquired software company Medicom Digital - Rx Savings Assistant from Medicom Digital

Acquisition Context
  • This is ConnectiveRx’s 1st transaction in the Software sector.
  • This is ConnectiveRx’s 5th transaction in the United States.
  • This is ConnectiveRx’s 1st transaction in Minnesota.

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M&A Deal Summary

Date December 9, 2021
Target Medicom Digital - Rx Savings Assistant
Sector Software
Buyer(s) ConnectiveRx
Sellers(s) Medicom Digital
Deal Type Divestiture

Target Company

Medicom Digital - Rx Savings Assistant

Minneapolis, Minnesota, United States
Medicom Digital's Rx Savings Assistant software automatically finds prescription savings offers and embeds them into qualifying patient records where healthcare providers see the offers inside their EHR (electronic health record) workflow and deliver them to patients directly. Medicom Digital's Rx Savings Assistant is based in Minneapolis, Minnesota.
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Buyer Overview 1

Buyer

ConnectiveRx

Whippany, New Jersey, United States

Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

ConnectiveRx is a provider of outsourced commercialization services to over 140 drug manufacturers. The Company works as a strategic partner to pharmaceutical brand teams, offering solutions that improve patient affordability, access, and adherence to traditional and specialty prescription medications. ConnectiveRx was founded in 2005 and is based in Whippany, New Jersey.


Deal Context for Buyer #
Overall 5 of 5
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Minnesota 1 of 1
Country: United States 5 of 5
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-17 The Macaluso Group

Fairfield, New Jersey, United States

The Macaluso Group is a technology-driven company focused on patient access programs through financial payment solutions in the specialty products marketplace. The Macaluso Group was founded in 2001 and is based in Fairfield, New Jersey.

Buy -

Seller Profile 1

SELLER

Medicom Digital

Minneapolis, Minnesota, United States

Category Company
Founded 2000
Sector Software
DESCRIPTION

Medicom Digital provides health engagement through digital solutions. Medicom Digital software tools have been used to activate millions of patients converting web visits to the most appropriate care visits through personalized, evidence-based messaging tailored to individual needs and available care resources. Medicom Digital was founded in 2000 and is based in Minneapolis, Minnesota.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1