M&A Deal Summary

Knack Global Acquires The Billing Center

On March 21, 2022, Knack Global acquired business services company The Billing Center

Acquisition Highlights
  • This is Knack Global’s 1st transaction in the Business Services sector.
  • This is Knack Global’s 1st transaction in the United States.
  • This is Knack Global’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2022-03-21
Target The Billing Center
Sector Business Services
Buyer(s) Knack Global
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Knack Global

Woodbridge, New Jersey, United States
Category Company
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 is based in Woodbridge, New Jersey.

DEAL STATS #
Overall 1 of 4
Sector (Business Services) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (West Virginia) 1 of 1
Country (United States) 1 of 4
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-01 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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