M&A Deal Summary

Ontellus Acquires MasterTrace

On October 1, 2020, Ontellus acquired information services company MasterTrace

Acquisition Highlights
  • This is Ontellus’ 1st transaction in the Information Services sector.
  • This is Ontellus’ 11th transaction in the United States.
  • This is Ontellus’ 1st transaction in Florida.

M&A Deal Summary
Date 2020-10-01
Target MasterTrace
Sector Information Services
Buyer(s) Ontellus
Deal Type Add-on Acquisition

Target

MasterTrace

Tamarac, Florida, United States
MasterTrace is a medical canvass data provider. MasterTrace's package pricing and "no-find, no-fee" models have been the cornerstone of medical canvassing.

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Buyer(S) 1

Buyer

Ontellus

Houston, Texas, United States
Category Company
Founded 1975
Sector Information Services
DESCRIPTION

Ontellus is a technology-enabled record retrieval provider that empowers insurance carriers, self-insured corporations, and law firms to reduce costs, make better-informed decisions, and accelerate claims resolution. Ontellus was established in 1975 and is based in Houston, Texas.

DEAL STATS #
Overall 11 of 11
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 10 of 10
State (Florida) 1 of 1
Country (United States) 11 of 11
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-01 Intertel

St. Louis, Missouri, United States

Intertel, Inc. is a medical canvass data provider. INTERTEL's approach to leveraging technology and data sharing has become the industry framework for the communication of critical treatment history information. INTERTEL currently services all insurance lines of business associated with any type of bodily injury.

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