M&A Deal Summary

Convey Acquires Gorman Health Group

On October 16, 2017, Convey acquired software company Gorman Health Group

Acquisition Highlights
  • This is Convey’s 1st transaction in the Software sector.
  • This is Convey’s 1st transaction in the United States.
  • This is Convey’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2017-10-16
Target Gorman Health Group
Sector Software
Buyer(s) Convey
Deal Type Add-on Acquisition

Target

Gorman Health Group

Washington, District of Columbia, United States
Gorman Health Group LLC is a consulting and software solutions firm specializing in government health programs, including Medicare, Medicaid, and Health Insurance Marketplace opportunities. Gorman Health Group is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Convey

Fort Lauderdale, Florida, United States

Category Company
Founded 2003
Sector Information Technology
Employees2,960
Revenue 337M USD (2021)
DESCRIPTION

Convey is a specialized healthcare technology and business process outsourcing firm that is committed to providing clients with healthcare-specific, compliant member support solutions utilizing technology, engagement, and analytics. Convey was founded in 2003 and is based in Fort Lauderdale, Florida.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 HealthSmart International

Waukegan, Illinois, United States

HealthSmart International designs, creates and distributes products. HealthSmart International is based in Waukegan, Illinois.

Buy $78M