M&A Deal Summary

NaviNet Acquires Prematics

On December 6, 2010, NaviNet acquired information technology company Prematics

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

M&A Deal Summary

Date 2010-12-06
Target Prematics
Sector Information Technology
Buyer(s) NaviNet
Deal Type Add-on Acquisition
Advisor(s) Covington Associates (Financial)

Target

Prematics

McLean, Virginia, United States
Prematics, Inc. provides managed information technology (IT) services for the health care industry.

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Buyer(S) 1

Buyer

NaviNet

Boston, Massachusetts, United States

Category Company
Founded 1997
Sector Software
DESCRIPTION

NaviNet will be performing ongoing user upgrades to an exciting new user interface (UI).


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: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1