1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. New York >
  6. Coverys Acquires VisualDx

M&A Deal Summary

Coverys Acquires VisualDx

On May 19, 2020, Coverys acquired software company VisualDx from Wolters Kluwer

Acquisition Highlights
  • This is Coverys’ 1st transaction in the Software sector.
  • This is Coverys’ 7th transaction in the United States.
  • This is Coverys’ 1st transaction in New York.

M&A Deal Summary
Date 2020-05-19
Target VisualDx
Sector Software
Buyer(s) Coverys
Sellers(s) Wolters Kluwer
Deal Type Divestiture

Target

VisualDx

Rochester, New York, United States
Logical Images is a medical informatics company that has developed VisualDx, a clinical decision support software system designed to be used by non-expert clinicians at the point of care to meet the need for fast, easy, and accurate visual identification. Logical Images was formed in 1999 and is based in Rochester, New York.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Coverys

Boston, Massachusetts, United States
Category Company
Sector Insurance
DESCRIPTION

Coverys is a medical professional liability insurance provider in the country based on direct written premium. Coverys member companies insure more than 25,000 physicians, surgeons, dentists, certified nurse midwives and allied healthcare providers, as well as more than 500 hospitals, health centers and clinics in 26 states from coast to coast.

DEAL STATS #
Overall 8 of 8
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-30 R & Q Managing Agency

London, United Kingdom

R & Q Managing Agency Ltd. is a provider of full range of insurance services.

Buy -

Seller(S) 1

SELLER

Wolters Kluwer

Alphen aan den Rijn, Netherlands
Category Company
Founded 1836
Sector Information Services
Employees21,467
Revenue 5.9B EUR (2024)
DESCRIPTION

Wolters Kluwer is a global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer was founded in 1836 and is based in Alphen aan den Rijn, Netherlands.

DEAL STATS #
Overall 12 of 16
Sector: Software M&A 3 of 3
Type: Divestiture M&A Deals 11 of 15
State: New York M&A 1 of 1
Country: United States M&A 6 of 7
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-16 CGE Risk Management Solutions B.V.

Leidschendam, Netherlands

CGE Risk Management Solutions B.V. is a provider of risk management software, including the industry-standard BowTieXP solution. CGE Risk Management Solutions serves risk experts in over 2,500 major corporations and public entities worldwide who operate in high-risk and asset-intensive industries, including oil & gas, energy, aviation, mining, transportation, utilities, chemicals, manufacturing, and healthcare.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-08 ComplyTrack

Alphen A D Rijn, Netherlands

ComplyTrack is a risk and compliance software solutions, encompassing issue and action management, incident management, contract and document management, and audit management SaaS solutions.

Sell -
Mergr

Solution for

Product

Company

Legal