M&A Deal Summary

HealthcareSource Acquires Vikus

On November 14, 2017, HealthcareSource acquired software company Vikus

Acquisition Highlights
  • This is HealthcareSource’s 1st transaction in the Software sector.
  • This is HealthcareSource’s 3rd transaction in the United States.
  • This is HealthcareSource’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2017-11-14
Target Vikus
Sector Software
Buyer(s) HealthcareSource
Deal Type Add-on Acquisition

Target

Vikus

Chattanooga, Tennessee, United States
Vikus Corp. is a provider of end-to-end hiring software built to meet the specific needs of senior care providers. Vikus Corp. was established in 1999 and is based in Chattanooga, Tennessee.

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Buyer(S) 1

Buyer

HealthcareSource

Woburn, Massachusetts, United States
Category Company
Sector Software
DESCRIPTION

HealthcareSource is a provider of human-resources software services and solutions to the healthcare industry. The HealthcareSource Quality Talent Suite helps healthcare organizations recruit, develop, and retain the best workforce possible in order to improve the patient and resident experience. The company’s cloud-based talent management solutions include applicant tracking, behavioral assessments, reference checking, employee performance, compensation, competency and learning management, and eLearning courseware. HealthcareSource is based in Woburn, Massachusetts.

DEAL STATS #
Overall 3 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 Lean Human Capital

Plymouth, Michigan, United States

Lean Human Capital LLC is a provider of healthcare advisory services.

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