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M&A Deal Summary

Cotiviti Acquires Cotiviti

On June 19, 2018, Cotiviti acquired information technology company Cotiviti for 4.9B USD

Acquisition Highlights
  • This is Cotiviti’s 2nd transaction in the Information Technology sector.
  • This is Cotiviti’s largest (disclosed) transaction.
  • This is Cotiviti’s 2nd transaction in the United States.
  • This is Cotiviti’s 1st transaction in Utah.

M&A Deal Summary
Date 2018-06-19
Target Cotiviti
Sector Information Technology
Buyer(s) Cotiviti
Deal Type Add-on Acquisition
Deal Value 4.9B USD
Advisor(s) Goldman Sachs
William Blair (Financial)
Latham & Watkins (Legal)

Target

Cotiviti

South Jordan, Utah, United States
Cotiviti is a payment accuracy provider that helps healthcare payers and retailers achieve their business objectives by unlocking value from the incongruities it discovers in the complex interactions they have with stakeholders. Cotiviti was founded in 2014 and is based in South Jordan, Utah.

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Buyer(S) 1

Buyer

Cotiviti

South Jordan, Utah, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Cotiviti is a healthcare service provider that leverages data analytics and technology to limit costs and ensure regulatory compliance for various stakeholders in the healthcare industry, including payors, providers, and employers. Cotiviti was founded in 1996 and is based in South Jordan, Utah.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (Utah) 1 of 1
Country (United States) 2 of 3
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-28 TierMed Systems

Chanhasse, Minnesota, United States

TierMed Systems LLC is a provider of HEDIS(Healthcare Effectiveness Data and Information Set) solutions. The TierMed solution suite allows managed care organizations to calculate and submit HEDIS results to NCQA (National Committee for Quality Assurance), improve quality in covered populations, and reduce administrative overhead associated with quality reporting.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 Edifecs

Bellevue, Washington, United States

Edifecs is a provider of data interoperability software solutions in the U.S. healthcare market. Edifecs provides data interoperability software connecting payors, providers and government agencies. The company provides mission-critical software to its customers’ core business processes, with a strong value proposition in reducing administrative cost, workflow automation, ensuring compliance and achieving proper reimbursement from government agencies. Edifecs was founded in 1996 and is based in Bellevue, Washington.

Buy -
Mergr

Product

Company

Legal