M&A Deal Summary

Hinduja Global Solutions Acquires AxisPoint Health

On March 28, 2018, Hinduja Global Solutions acquired healthcare services company AxisPoint Health from Comvest Partners

Acquisition Highlights
  • This is Hinduja Global Solutions’ 1st transaction in the Healthcare Services sector.
  • This is Hinduja Global Solutions’ 2nd transaction in the United States.
  • This is Hinduja Global Solutions’ 1st transaction in Colorado.

M&A Deal Summary

Date 2018-03-28
Target AxisPoint Health
Sector Healthcare Services
Buyer(s) Hinduja Global Solutions
Sellers(s) Comvest Partners
Deal Type Add-on Acquisition

Target

AxisPoint Health

Westminster, Colorado, United States
CMH Services Subsidiary LLC is a health care management company focused on care management,nurse advice line and analytics services, including CarePoint, GuidePoint and Analytix.

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Buyer(S) 1

Buyer

Hinduja Global Solutions

Bangalore, India

Category Company
Founded 1973
Sector Business Services
Employees18,335
Revenue 46.2B INR (2024)
DESCRIPTION

Hinduja Global Solutions is a provider in customer relationship and business process management. With a global footprint and an experience of over three decades, It have helped our clients deliver exceptional results. Hinduja Global Solutions was founded in 1973 and is based in Bengaluru, India.


DEAL STATS #
Overall 5 of 8
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (Colorado) 1 of 1
Country (United States) 2 of 4
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Mphasis - India Domestic BPM Business

India

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-29 Element Solutions

Austin, Texas, United States

Element Solutions LLC is a provider of high-end digital strategy and solutions in customer digital experience, data-driven marketing and cloud managed services areas.

Buy $5M

Seller(S) 1

SELLER

Comvest Partners

West Palm Beach, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 7.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Comvest Partners' headquarters in West Palm Beach, Florida.
Comvest Partners' headquarters in West Palm Beach, Florida.

Comvest Partners is a private investment firm that provides equity and debt capital to middle-market companies across North America. Comvest funds a variety of investment situations, including buyouts, divestitures, recapitalizations, consolidations, take privates, and turnarounds. Sectors of interest include business services, information services, education, financial services, healthcare services, software, IT, and transportation. For equity investments, Comvest prefers control and looks to invest $50 to $150 million per transaction. For debt needs, Comvest seeks to provide $25 to $250 million per transaction. Comvest Partners was formed in 2000 and is based in West Palm Beach, Florida.


DEAL STATS #
Overall 27 of 40
Sector (Healthcare Services) 4 of 6
Type (Add-on Acquisition) 15 of 22
State (Colorado) 2 of 3
Country (United States) 27 of 40
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-28 Systems Control

Iron Mountain, Michigan, United States

Systems Control provides engineering and manufacturing of equipment enclosures and control and relay panels used in electrical transmission and distribution substations across North America. Systems Control was founded in 1962 and is based in Iron Mountain, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-07 RugsUSA

Cranbury, New York, United States

RugsUSA helps customers turn their houses into homes, offering a stunning array of rug styles, materials, and sizes to suit every design need and budget. With an expansive selection of rugs and home décor products, attractive price points, seamless online shopping experience, and best-in-class fulfillment and customer care, the company is an experienced e-commerce pioneer and rug industry leader, with over eight million rugs sold to nearly two million homes. RugsUSA was founded in 1998 and is based in Cranbury, New York.

Buy -