M&A Deal Summary

Covr Acquires Data IQ

On August 6, 2024, Covr acquired internet software and services company Data IQ

Acquisition Highlights
  • This is Covr’s 1st transaction in the Internet Software and Services sector.
  • This is Covr’s 1st transaction in the United States.
  • This is Covr’s 1st transaction in Texas.

M&A Deal Summary

Date 2024-08-06
Target Data IQ
Sector Internet Software and Services
Buyer(s) Covr
Deal Type Add-on Acquisition

Target

Data IQ

Fort Worth, Texas, United States
Data IQ is a provider of business intelligence solutions specifically designed to help post-acute care providers enhance operational performance. Data IQ was founded in 2018 and is based in Fort Worth, Texas.

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Buyer(S) 1

Buyer

Covr

Springville, Utah, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Covr provides workforce management software to the post-acute care industry. The company's scheduling, communication, and engagement solutions help facilities streamline scheduling workflows, ensure regulatory compliance, and facilitate communication with employees. Covr was formed in 2016 and is based in Springville, Utah.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1