M&A Deal Summary

Knack Global Acquires MediSYS

On February 1, 2023, Knack Global acquired software company MediSYS

Acquisition Highlights
  • This is Knack Global’s 1st transaction in the Software sector.
  • This is Knack Global’s 2nd transaction in the United States.
  • This is Knack Global’s 1st transaction in Alabama.

M&A Deal Summary
Date 2023-02-01
Target MediSYS
Sector Software
Buyer(s) Knack Global
Deal Type Add-on Acquisition

Target

MediSYS

Gardendale, Alabama, United States
MediSYS provides an array of medical billing services and practice management/electronic health records software sales and support services in the southern United States. DBS provides training and support for MediSYS Practice Management software and medical billing using MediSYS software or the client’s existing software. The Company offers a seamless flow of revenue from patient to provider, resulting in fewer delays, fewer denied claims, and fewer dissatisfied patients. MediSYS was formed in 1990 and is based in Gardendale, Alabama.

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Buyer(S) 1

Buyer

Knack Global

Woodbridge, New Jersey, United States
Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Knack Global is a provider of a portfolio of high-quality RCM services that allows healthcare businesses to focus on their core competencies of providing patient care. Knack’s portfolio of services spans the entire RCM value chain from Pre-Claim activities to Accounts Resolutions. Knack Global was founded in 2007 and is based in Woodbridge, New Jersey.

DEAL STATS #
Overall 2 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Alabama) 1 of 1
Country (United States) 2 of 4
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-21 The Billing Center

Charleston, West Virginia, United States

The Billing Center is a provider of medical billing services to clients around West Virginia, including durable medical equipment (DME) suppliers. The Billing Center was founded in 2004 and is based in Charleston, West Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-02 FPS

Armonk, New York, United States

FPS is a provider of medical billing and practice management services. FPS is focused on helping private practice physicians, healthcare facilities and hospitals increase their efficiency and control their costs through its constant attention to detail, compliance, follow up, and ever-changing insurance regulations. FPS was established in 1965 and is based out of Armonk, New York.

Buy -
Mergr

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