M&A Deal Summary

Gainwell Technologies Acquires Hms Holdings

On December 21, 2020, Gainwell Technologies acquired business services company Hms Holdings for 3.4B USD

Acquisition Highlights
  • This is Gainwell Technologies’ 1st transaction in the Business Services sector.
  • This is Gainwell Technologies’ largest (disclosed) transaction.
  • This is Gainwell Technologies’ 1st transaction in the United States.
  • This is Gainwell Technologies’ 1st transaction in Texas.

M&A Deal Summary

Date 2020-12-21
Target Hms Holdings
Sector Business Services
Buyer(s) Gainwell Technologies
Deal Type Add-on Acquisition
Deal Value 3.4B USD
Advisor(s) Barclays Investment Bank (Financial)
Latham & Watkins (Legal)

Target

Hms Holdings

Irving, Texas, United States
HMS advances healthcare by helping organizations reduce costs and improve health outcomes. Through its technology, analytics, and engagement solutions, the company save billions of dollars annually while helping consumers lead healthier lives. HMS provides a broad range of payment accuracy and population health management solutions that help move healthcare forward. Hms Holdings was founded in 1974 and is based in Irving, Texas.

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Buyer(S) 1

Buyer

Gainwell Technologies

Tysons Corner, Virginia, United States

Category Company
Founded 2020
Sector Information Technology
DESCRIPTION

Gainwell Technologies is an end-to-end provider of technology-enabled, mission-critical solutions that are fundamental to the administration and operations of health programs throughout the US. Gainwell Technologies is based in Tysons Corner, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1