M&A Deal Summary

Hyland Acquires InterTech Information Management

On March 1, 2010, Hyland acquired healthcare services company InterTech Information Management from ChartOne

Acquisition Highlights
  • This is Hyland’s 1st transaction in the Healthcare Services sector.
  • This is Hyland’s 3rd transaction in the United States.
  • This is Hyland’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2010-03-01
Target InterTech Information Management
Sector Healthcare Services
Buyer(s) Hyland
Sellers(s) ChartOne
Deal Type Add-on Acquisition

Target

InterTech Information Management

Reading, Massachusetts, United States
InterTech Information Management, Inc., doing business as eWebHealth, is located in Alpharetta,Georgia. eWebHealth gives hospitals a reliable and inexpensive way to provide simultaneous, location-independent access to medical records via the Internet.

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Buyer(S) 1

Buyer

Hyland

Westlake, Ohio, United States

Category Company
Founded 1991
Sector Software
DESCRIPTION

Hyland is a developer and marketer of enterprise content management (ECM) software. The company's OnBase enterprise content management solution is deployable at both the departmental and enterprise levels and provides organizations with unique, modular solutions that help them streamline their work processes and share information among their employees, business partners, and customers. Hyland was founded in 1991 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 3 of 16
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 12
State: Massachusetts M&A 1 of 2
Country: United States M&A 3 of 15
Year: 2010 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-08 Liberty Information Management Solutions

Costa Mesa, California, United States

Liberty IMS has secured more than 1,000 implementations of its LibertyNET and LibertyNET Office products in organizations spanning several vertical markets, most notably in state and local government, transportation and logistics, financial services and healthcare.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-01 Hershey Systems

Santa Fe Springs, California, United States

Hershey Systems, Inc. is a provider of document content management solutions.

Buy -

Seller(S) 1

SELLER

ChartOne

Burlington, Massachusetts, United States

Category Company
Founded 1999
Sector Healthcare Services
DESCRIPTION

ChartOne offers healthcare organizations a complete range of patient chart management solutions that combine professional services with best-of-breed technologies to meet both short-term and long-term patient chart needs.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-12 InterTech Information Management

Reading, Massachusetts, United States

InterTech Information Management, Inc., doing business as eWebHealth, is located in Alpharetta,Georgia. eWebHealth gives hospitals a reliable and inexpensive way to provide simultaneous, location-independent access to medical records via the Internet.

Buy -