Add-on Acquisition • Healthcare Services

iVantage Acquires Galloway Consulting

On February 24, 2014, iVantage acquired healthcare services company Galloway Consulting

Acquisition Context
  • This is iVantage’s 1st transaction in the Healthcare Services sector.
  • This is iVantage’s 3rd transaction in the United States.
  • This is iVantage’s 1st transaction in Georgia.

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M&A Deal Summary

Date February 24, 2014
Target Galloway Consulting
Sector Healthcare Services
Buyer(s) iVantage
Deal Type Add-on Acquisition

Target Company

Galloway Consulting

Atlanta, Georgia, United States
Galloway Consulting is a consulting services company specializing in Accelerated Health Care Transformation™; a proprietary model ensuring rapid results for hospitals.
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Buyer Overview 1

Buyer

iVantage

Portland, Maine, United States

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

iVantage is a provider of health care informatics and business analytics solutions that transform complex data into actionable business intelligence. This platform is used by hospital management teams to drive empirical and evidence based decision making. These tools are positioned at the center of a large market opportunity due to increased demand for meaningful data driven by new compliance based requirements and operational challenges of the Patient Protection and Affordable Care Act. iVantage was founded in 2011 and is based in Portland, Maine.


Deal Context for Buyer #
Overall 3 of 3
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 3 of 3
State: Georgia 1 of 1
Country: United States 3 of 3
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-25 Xylem Consulting

Columbia, Tennessee, United States

Xylem Consulting, Inc. specializes in bundled payment and risk-based contract negotiations, strategy development and optimal pricing of health services.

Buy -