M&A Deal Summary

ELLKAY Acquires CareEvolve

On February 17, 2017, ELLKAY acquired internet software and services company CareEvolve from Opko

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

M&A Deal Summary

Date 2017-02-17
Target CareEvolve
Sector Internet Software and Services
Buyer(s) ELLKAY
Sellers(s) Opko
Deal Type Divestiture

Target

CareEvolve

Elmwood Park, New Jersey, United States
CareEvolve is a provider of internet based order entry and results reporting solutions for laboratory, pathology and radiology outreach businesses.

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Buyer(S) 1

Buyer

ELLKAY

Teaneck, New Jersey, United States

Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

ELLKAY LLC is a provider of healthcare connectivity solutions and services to hospitals and other healthcare organizations.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-18 Legal Easy

Tampa, Florida, United States

Legal Easy, Inc. is a provider of medical software interfacing solutions.

Buy -

Seller(S) 1

SELLER

Opko

Miami, Florida, United States

Category Company
Founded 1991
Sector Life Science
Employees2,997
Revenue 713M USD (2024)
DESCRIPTION
Opko's corporate headquarters in Miami, Florida.
Opko's corporate headquarters in Miami, Florida.

Opko is a diversified healthcare company with a focus on establishing leading positions in significant and rapidly growing medical markets. Opko's operations are divided into diagnostics and pharmaceuticals, each with specialized products and services aimed at improving patient care and outcomes. Opko was founded in 1991 and is based in Miami, Florida.


DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Transition Therapeutics

Toronto, Ontario, Canada

Transition Therapeutics Inc. is a bio pharmaceutical company, develops therapeutics for various disease indications. Transition Therapeutics, Inc. was formed in 1987 and is based in Toronto, Ontario.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-17 OPKO Health - Sterile Fill & Finish Manufacturing Facility

Waterford, Ireland

OPKO Health - Sterile Fill & Finish Manufacturing Facility engages in the development and commercial supply of high potency, high barrier to entry, pharmaceutical products for sale.

Sell $65M