M&A Deal Summary

PracticeTek Acquires GrowthPlug

On September 22, 2022, PracticeTek acquired internet software and services company GrowthPlug

Acquisition Highlights
  • This is PracticeTek’s 1st transaction in the Internet Software and Services sector.
  • This is PracticeTek’s 1st transaction in the United States.
  • This is PracticeTek’s 1st transaction in Oregon.

M&A Deal Summary
Date 2022-09-22
Target GrowthPlug
Sector Internet Software and Services
Buyer(s) PracticeTek
Deal Type Add-on Acquisition
Advisor(s) Sampford Advisors (Financial)

Target

GrowthPlug

Portland, Oregon, United States
GrowthPlug provides mobile-optimized websites, business listings management, social media publishing, reputation management and intelligent analytics, helping doctor’s offices to turbocharge their digital presence and accelerate revenue. GrowthPlug was founded in 2017 and is based in Portland, Oregon.

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Buyer(S) 1

Buyer

PracticeTek

San Diego, California, United States
Category Company
Founded 2020
Sector Software
DESCRIPTION

PracticeTek provides practice management, patient engagement, integrated payments and other software solutions to the retail healthcare market. The PracticeTek platform helps retail healthcare practices digitally manage their business and the entire patient journey process including client acquisition, engagement, visits, and billing and payments. PracticeTek was founded in 2020 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Oregon) 1 of 1
Country (United States) 1 of 3
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-05 ChiroTouch

San Diego, California, United States

ChiroTouch is a provider of chiropractic software technology solutions, including ChiroTouch Complete Practice Software and SmartCloud Chiropractic EHR Software. With industry-leading support, training and compliance expertise, ChiroTouch partners with practices of every type to help them easily automate operations, improve patient care and increase profitability. ChiroTouch is based in San Diego, California.

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