M&A Deal Summary

Exiger Acquires The Poseidon Group

On July 19, 2016, Exiger acquired information technology company The Poseidon Group from NextGen Healthcare

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

M&A Deal Summary
Date 2016-07-19
Target The Poseidon Group
Sector Information Technology
Buyer(s) Exiger
Sellers(s) NextGen Healthcare
Deal Type Divestiture

Target

The Poseidon Group

Atlanta, Georgia, United States
The Poseidon Group, Inc. is a provider of emergency department documentation and web-based electronic medical record (EMR) solutions, serving hospital emergency departments with both large and small volumes across the U.S. Poseidon is focused on addressing the needs of healthcare providers by providing documentation and web-based EDIS solutions to the healthcare industry.

Search 201,429 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Exiger

New York, New York, United States
Category Company
Founded 2013
Sector Business Services
DESCRIPTION

Exiger is an operator of global regulatory and financial crime, risk and compliance company. Exiger arms financial institutions, multinational corporations and governmental agencies with the practical advice and technology solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. Exiger was founded in 2013 and is based in New York City.

DEAL STATS #
Overall 1 of 9
Sector (Information Technology) 1 of 4
Type (Divestiture) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 6
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-27 Outside Intelligence

Toronto, Ontario, Canada

Outside Intelligence, Inc. (OutsideIQ) is a due diligence cognitive computing and search. OutsideIQ brings together some of the world’s foremost experts on search with the best data scientists, big data professionals and software engineers to solve the complex problems of search for due diligence.

Buy -

Seller(S) 1

SELLER

NextGen Healthcare

Irvine, California, United States
Category Company
Founded 1974
Sector Information Technology
Employees2,564
Revenue 653M USD (2023)
DESCRIPTION

NextGen Healthcare is a provider of healthcare technology solutions. NextGen is reimagining ambulatory healthcare with solutions that enable high-performing practices to create healthier communities. NexGen partners with medical, behavioral and oral health providers in their journey toward whole person health and value-based care. NextGen Healthcare was founded in 1974 and is based in Irvine, California.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 HealthFusion

Solana Beach, California, United States

HealthFusion, Inc. is a developer of web-based cloud computing software for physicians, hospitals and medical billing services.

Buy $190M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-23 Topaz Information Solutions

Phoenix, Arizona, United States

Topaz Information Solutions is a healthcare solutions company dedicated to meeting the needs of behavioral health and social services organizations. Topaz Information Solutions technology is simple and easy to use, with role-based workflows. Developed by clinicians for clinicians, the content is focused on behavioral and integrated healthcare.

Buy -
Mergr

Product

Company

Legal