M&A Deal Summary

MDIndia Healthcare Services Acquires Adaptis

On October 6, 2003, MDIndia Healthcare Services acquired healthcare services company Adaptis

Acquisition Highlights
  • This is MDIndia Healthcare Services’ 1st transaction in the Healthcare Services sector.
  • This is MDIndia Healthcare Services’ 1st transaction in the United States.
  • This is MDIndia Healthcare Services’ 1st transaction in Washington.

M&A Deal Summary

Date 2003-10-06
Target Adaptis
Sector Healthcare Services
Buyer(s) MDIndia Healthcare Services
Deal Type Add-on Acquisition
Advisor(s) Alexander Hutton, Inc. (Financial)

Target

Adaptis

Seattle, Washington, United States
Adaptis, Inc. provides customized business process outsourcing (BPO) services to health plans with a managed Medicaid line of business.

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Buyer(S) 1

Buyer

MDIndia Healthcare Services

Bangalore, India

Category Company
Founded 2000
Sector Healthcare Services
DESCRIPTION

MDIndia Healthcare Services Ltd. provide third party administration services to the newly privatized Indian health insurance market.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1