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  6. Generative AI Solutions Acquires Global AI Billing

M&A Deal Summary

Generative AI Solutions Acquires Global AI Billing

On May 2, 2023, Generative AI Solutions acquired information technology company Global AI Billing

Acquisition Highlights
  • This is Generative AI Solutions’ 1st transaction in the Information Technology sector.
  • This is Generative AI Solutions’ 1st transaction in Canada.
  • This is Generative AI Solutions’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2023-05-02
Target Global AI Billing
Sector Information Technology
Buyer(s) Generative AI Solutions
Deal Type Add-on Acquisition

Target

Global AI Billing

British Columbia, Canada
Global AI Billing is a medical billing provider that has developed proprietary artificial intelligence technology ("AI Billing") to efficiently collect outstanding receivables on behalf of medical organizations in the United States. Global AI Billing is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Generative AI Solutions

Vancouver, British Columbia, Canada
Category Company
Sector Information Technology
DESCRIPTION

Generative AI Solutions is an artificial intelligence company focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. Generative AI Solutions is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
State: British Columbia M&A 1 of 2
Country: Canada M&A 1 of 2
Year: 2023 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-13 Pulse AI

Vancouver, British Columbia, Canada

Pulse AI provides artificial intelligence services for clients to drive sustained revenue growth. Pulse AI is based in Vancouver, British Columbia.

Buy CA$2M
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