M&A Deal Summary

ITelagen Acquires Planet Logic

On May 18, 2016, ITelagen acquired internet software and services company Planet Logic

Acquisition Highlights
  • This is ITelagen’s 1st transaction in the Internet Software and Services sector.
  • This is ITelagen’s 1st transaction in the United States.
  • This is ITelagen’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2016-05-18
Target Planet Logic
Sector Internet Software and Services
Buyer(s) ITelagen
Deal Type Add-on Acquisition

Target

Planet Logic

Newton, New Jersey, United States
Planet Logic LLC is a healthcare cloud hosting company.

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Buyer(S) 1

Buyer

ITelagen

Sarasota, Florida, United States

Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

ITelagen provides comprehensive EHR and HCIT expertise to its provider clients, enabling them to improve their clinical, financial, and operational outcomes. ITelagen was formed in 2005 and is based in Sarasota, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1