M&A Deal Summary

Precyse and MedAssets Acquire Equation

On June 1, 2016, Precyse and MedAssets acquired information technology company Equation

Acquisition Highlights
  • This is Precyse’s 1st and MedAssets’ 4th transaction in the Information Technology sector.
  • This is Precyse’s 2nd and MedAssets’ 7th transaction in the United States.
  • This is Precyse’s 1st and MedAssets’ 1st transaction in Utah.

M&A Deal Summary

Date 2016-06-01
Target Equation
Sector Information Technology
Buyer(s) Precyse
MedAssets
Deal Type Add-on Acquisition

Target

Equation

Layton, Utah, United States
Equation, Inc. is a healthcare analytics and consulting company. It provides healthcare organizations with the analytic tools and expertise to gain insights to improve healthcare delivery and patient satisfaction while strengthening financial and budgetary performance.

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Buyer(S) 2

Buyer

Precyse

Wayne, Pennsylvania, United States

Category Company
Founded 1999
Sector Medical Products
DESCRIPTION

Precyse is a provider of outsourced medical transcription, medical coding, and other document management services to U.S. based hospitals and other healthcare providers. The company also provides healthcare facilities with cutting-edge, outsourced administrative functions. Precyse was founded in 1999 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Utah M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-06 Certus

Greenwood Village, Colorado, United States

Certus Corporation provides business services to healthcare providers, enabling them to better manage the complexity and cost associated with medical billing, receivables collection and processing reimbursement claims.

Buy -
Buyer

MedAssets

Alpharetta, Georgia, United States

Category Company
Founded 1999
Sector Business Services
Employees3,350
Revenue 720M USD (2014)
DESCRIPTION

MedAssets, Inc. is a provider of outsourced procurement and reimbursement cycle management services to hospitals and other healthcare providers through a combination of traditional GPO business and web-based technology.


DEAL STATS #
Overall 7 of 7
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 6 of 6
State: Utah M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-15 MedAssets - Spend and Clinical Resource Management & Sg2 Businesses

Alpharetta, Georgia, United States

MedAssets - Spend and Clinical Resource Management (SCM) & Sg2 Businesses is a health care provider.

Sell -