M&A Deal Summary |
|
|---|---|
| Date | 2016-06-07 |
| Target | ConnectedHealth |
| Sector | Internet Software and Services |
| Buyer(s) | Connecture |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Software |
| Employees | 427 |
| Revenue | 96M USD (2015) |
Connecture is a web-based consumer shopping, enrollment and retention platform for health insurance distribution. Connecture offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individual’s preferences, health status, preferred providers, medications and expected out-of-pocket costs. Connecture’s customers are health insurance marketplace operators such as health plans, brokers and exchange operators, who must distribute health insurance in a cost-effective manner to a growing number of insured consumers. Connecture’s solutions automate key functions in the health insurance distribution process, allowing its customers to price and present plan options accurately to consumers and efficiently enroll, renew and manage plan members.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-22 |
DRX
Los Angeles, California, United States DRX is a provider of Web-based information systems used to create health insurance marketplaces and exchanges. |
Buy | - |
