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Add-on Acquisition • Information Technology

Medsphere Systems Acquires Systeem

On October 13, 2021, Medsphere Systems acquired information technology company Systeem

Acquisition Context
  • This is Medsphere Systems’ 2nd transaction in the Information Technology sector.
  • This is Medsphere Systems’ 3rd transaction in the United States.
  • This is Medsphere Systems’ 2nd transaction in Texas.

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M&A Deal Summary
Date October 13, 2021
Target Systeem
Sector Information Technology
Buyer(s) Medsphere Systems
Deal Type Add-on Acquisition

Target Company

Systeem

Plano, Texas, United States
Systeem provides core information technology services with a primary focus on ambulatory healthcare providers. Systeem powers the healthcare IT foundations of better ambulatory care by providing managed IT services; help desk support; implementation, customization, and support for ambulatory electronic health records (EHRs); and cloud solutions that drive improved security and IT savings. Systeem was founded in 2009 and is based in Plano, Texas.
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Buyer Overview 1

Buyer

Medsphere Systems

Sandy, Utah, United States
Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

Medsphere Systems is a healthcare IT solutions accessible to organizations of virtually any size, shape or budget. Medsphere’s OpenVista is an acute and inpatient behavioral health-oriented portfolio of clinical products and services that leverages the VistA EHR system developed by the Department of Veterans Affairs (VA) and the Indian Health Service (IHS). Medsphere Systems was founded in 2002 and is based in Sandy, Utah.

Deal Context for Buyer #
Overall 3 of 3
Sector: Information Technology 2 of 2
Type: Add-on Acquisition 2 of 2
State: Texas 2 of 2
Country: United States 3 of 3
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 HealthLine Solutions

Plano, Texas, United States

HealthLine Solutions Ltd. is a developer of software solutions to hospitals to manage their supply chain inventory. HealthLine Solutions is based in Plano, Texas.

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