M&A Deal Summary

LeanTaaS Acquires Hospital IQ

On January 10, 2023, LeanTaaS acquired information technology company Hospital IQ

Acquisition Highlights
  • This is LeanTaaS’s 1st transaction in the Information Technology sector.
  • This is LeanTaaS’s 1st transaction in the United States.
  • This is LeanTaaS’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2023-01-10
Target Hospital IQ
Sector Information Technology
Buyer(s) LeanTaaS
Deal Type Add-on Acquisition

Target

Hospital IQ

Newton, Massachusetts, United States
Hospital IQ is a provider of intelligent automation solutions platform that enables hospitals to promote excellence, create systemness, and boost efficiency. Hospital IQ is based in Newton, Massachusetts.

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Buyer(S) 1

Buyer

LeanTaaS

Santa Clara, California, United States

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

LeanTaaS provides software solutions that combine lean principles, predictive and prescriptive analytics, and machine learning to transform hospital and infusion center operations. The company’s software is used by over 500 hospitals and 130 health systems across the nation, which rely on the iQueue cloud- based solutions to increase patient access, decrease wait times, reduce healthcare delivery costs, and improve revenue. LeanTaaS was founded in 2010 and is based in Santa Clara, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology 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: 2023 M&A 1 of 1