M&A Deal Summary

Edifecs Acquires Talix

On September 13, 2021, Edifecs acquired information technology company Talix from Stella

Acquisition Highlights
  • This is Edifecs’ 1st transaction in the Information Technology sector.
  • This is Edifecs’ 1st transaction in the United States.
  • This is Edifecs’ 1st transaction in California.

M&A Deal Summary

Date 2021-09-13
Target Talix
Sector Information Technology
Buyer(s) Edifecs
Sellers(s) Stella
Deal Type Divestiture

Target

Talix

San Francisco, California, United States
Talix is a provider of a NLP powered workflow applications to improve the speed and accuracy of risk adjustment coding and other value-based care requirements. Talix is based in San Francisco, California.

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Buyer(S) 1

Buyer

Edifecs

Bellevue, Washington, United States

Category Company
Founded 1996
Sector Software
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2021 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Health Fidelity

San Mateo, California, United States

Health Fidelity is a provider of risk adjustment solutions for the value-based care era. Health Fidelity is based in San Mateo, California.

Buy -

Seller(S) 1

SELLER

Stella

St. Paul, Minnesota, United States

Category Company
Sector Business Services
DESCRIPTION

Stella is a provider of a nurture and scale differentiated businesses across the country to improve health in bold and innovative ways.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Further

Eagan, Minnesota, United States

Further provides health savings accounts (HSAs), flexible spending accounts, (FSAs), health reimbursement arrangements (HRAs), voluntary employee beneficiary association (VEBA) accounts, and commuter benefit and custodian services. Serving large corporations, small businesses, labor unions, retirees, and groups in the public sector, Further guides account holders across the United States in saving and spending wisely on their health care. Further is based in Eagan, Minnesota.

Sell $500M