M&A Deal Summary

Etransmedia Technology Acquires Medigistics

On January 21, 2014, Etransmedia Technology acquired information technology company Medigistics

Acquisition Highlights
  • This is Etransmedia Technology’s 1st transaction in the Information Technology sector.
  • This is Etransmedia Technology’s 1st transaction in the United States.
  • This is Etransmedia Technology’s 1st transaction in Ohio.

M&A Deal Summary

Date 2014-01-21
Target Medigistics
Sector Information Technology
Buyer(s) Etransmedia Technology
Deal Type Add-on Acquisition
Advisor(s) Corporate Finance Associates (Financial)

Target

Medigistics

Columbus, Ohio, United States
Medigistics, Inc. is a provider of multi-specialty medical billing and accounts receivable management solutions.

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Buyer(S) 1

Buyer

Etransmedia Technology

Troy, New York, United States

Category Company
Sector Information Technology
DESCRIPTION

Etransmedia Technology, Inc. is a healthcare information technology company delivering comprehensive integrated software, service and connectivity solutions to simplify critical functions in the healthcare community. Etransmedia customers include some of the country’s leading healthcare systems and hospitals, as well as affiliated physician practices. With 400 employees, the company operates across 43 states and reaches more than 12,500 providers and 30,000 users.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1