M&A Deal Summary

Presence Acquires RemoteHQ

On August 23, 2023, Presence acquired internet software and services company RemoteHQ

Acquisition Highlights
  • This is Presence’s 1st transaction in the Internet Software and Services sector.
  • This is Presence’s 2nd transaction in the United States.
  • This is Presence’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2023-08-23
Target RemoteHQ
Sector Internet Software and Services
Buyer(s) Presence
Deal Type Add-on Acquisition

Target

RemoteHQ

Boston, Massachusetts, United States
RemoteHQ builds immersive collaborative and communication technologies that enables anyone to work together remotely. The Company’s platform is used by teams around the world for internal collaboration, sales, training and e-learning. RemoteHQ is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Presence

New York, New York, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Presence is a provider of teletherapy and software solutions for special education-related services and behavioral mental health counseling in K-12 schools. The company connects speech-language pathologists, occupational therapists, and behavioral and mental health professionals with students through its proprietary Therapy Essentials software platform, and has delivered more than 3 million teletherapy sessions to hundreds of K-12 schools and districts across the U.S. through its network of over 1,500 certified clinicians. Presence was founded in 2009 and is based in New York, New York.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 Global Teletherapy

Baltimore, Maryland, United States

Global Teletherapy delivers online speech therapy, occupational therapy, physical therapy, and mental health services, unconstrained by distance or time. Global Teletherapy was founded in 2014 and is based in Baltimore, Maryland.

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