M&A Deal Summary

Portico Systems Acquires Ethidium Health Systems

On October 30, 2008, Portico Systems acquired information technology company Ethidium Health Systems

Acquisition Highlights
  • This is Portico Systems’ 1st transaction in the Information Technology sector.
  • This is Portico Systems’ 1st transaction in the United States.
  • This is Portico Systems’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2008-10-30
Target Ethidium Health Systems
Sector Information Technology
Buyer(s) Portico Systems
Deal Type Add-on Acquisition

Target

Ethidium Health Systems

Blue Bell, Pennsylvania, United States
Ethidium Health Systems LLC is a provider of clinical quality and collaboration tools.

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Buyer(S) 1

Buyer

Portico Systems

Blue Bell, Pennsylvania, United States

Category Company
Founded 1997
Sector Software
DESCRIPTION

Portico Systems, Inc. offers health plans enterprise-class software solutions built exclusively to support end-to-end Provider Network Operations. Since 1997, Portico™ Systems has been enabling payers to streamline their provider business processes. Portico™ Systems leverages a unique blend of healthcare operations experience, payer/provider relationship expertise and technology skills to build holistic solutions.


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: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1