M&A Deal Summary

MediQuant Acquires Knowledge Based Systems

On October 27, 2022, MediQuant acquired software company Knowledge Based Systems

Acquisition Highlights
  • This is MediQuant’s 1st transaction in the Software sector.
  • This is MediQuant’s 2nd transaction in the United States.
  • This is MediQuant’s 1st transaction in Virginia.

M&A Deal Summary
Date 2022-10-27
Target Knowledge Based Systems
Sector Software
Buyer(s) MediQuant
Deal Type Add-on Acquisition

Target

Knowledge Based Systems

Ashburn, Virginia, United States
Knowledge Based Systems is a privately held company located in the Dulles Technology Corridor of the Washington DC Metropolitan Area. KBS' track record of success comes from the superior KB_SQL product offering for VARs as well as a diverse set of enterprise clients. The company creates products that empower clients to access and retrieve valuable data, enabling them to make critical business decisions. Its flagship product, KB_SQL, is the de facto standard for data access and reporting for M (MUMPS) databases worldwide. Knowledge Based Systems is based in Ashburn, Virginia.

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Buyer(S) 1

Buyer

MediQuant

Brecksville, Ohio, United States
Category Company
Founded 1999
Sector Software
DESCRIPTION

MediQuant is a provider of archiving solutions for hospitals and health systems. The Company’s flagship product, DataArk, is a solution that assists hospitals in retiring legacy clinical and administrative software platforms and maintaining access to relevant data via a cloud-based software platform. Active archiving grants users necessary functionality of a legacy system without the expense and risks. Data is kept active for quickly retrieving files, easily updating old records and continuing to bill accounts. MediQuant was established in 1999 and is based in Brecksville, Ohio.

DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-11 DataEmerge

Upper Arlington, Ohio, United States

DataEmerge is a provider of data extraction services. DataEmerge is based in Ohio, Upper Arlington.

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