M&A Deal Summary

Merative Acquires Springbuk

On September 10, 2025, Merative acquired software company Springbuk

Acquisition Highlights
  • This is Merative’s 1st transaction in the Software sector.
  • This is Merative’s 1st transaction in the United States.
  • This is Merative’s 1st transaction in Indiana.

M&A Deal Summary

Date 2025-09-10
Target Springbuk
Sector Software
Buyer(s) Merative
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)
Holland & Knight (Legal)

Target

Springbuk

Indianapolis, Indiana, United States
Springbuk provides a health intelligence platform that aggregates and analyzes medical claims, pharmacy, biometric, and activity data for employer health programs. Springbuk is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

Merative

Ann Arbor, Michigan, United States

Category Company
Sector Information Technology
DESCRIPTION

Merative is a data, analytics and technology partner for the global health industry – including providers, payers, life sciences companies and governments. With trusted technology and human expertise, the Company works with clients to drive real progress. Merative helps clients orient information and insights around the people they serve to improve healthcare delivery, decision making and performance. Merative is based in Ann Arbor, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1