M&A Deal Summary

Press Ganey Acquires Bivarus

On January 16, 2018, Press Ganey acquired internet software and services company Bivarus from Boston Millennia Partners

Acquisition Highlights
  • This is Press Ganey’s 1st transaction in the Internet Software and Services sector.
  • This is Press Ganey’s 8th transaction in the United States.
  • This is Press Ganey’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2018-01-16
Target Bivarus
Sector Internet Software and Services
Buyer(s) Press Ganey
Sellers(s) Boston Millennia Partners
Deal Type Add-on Acquisition

Target

Bivarus

Durham, North Carolina, United States
Bivarus, Inc. is a provider of a cloud-based, real-time analytics platform to gain meaningful insights into the unique drivers impacting the patient experience, buying behavior and provider performance. Bivarus, Inc. was founded in 2012 and is based in Durham, North Carolina.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Press Ganey

South Bend, Indiana, United States

Category Company
Founded 1985
Sector Information Services
Revenue 318M USD (2015)
DESCRIPTION

Press Ganey is a provider of healthcare performance solutions for hospitals, healthcare and home care providers. Press Ganey utilizes patient and employee surveys to collect vast amounts of proprietary data on behalf of clients to power its industry-leading benchmarking and analytics tools and advisory services. Press Ganey was founded in 1985 and is based in South Bend, Indiana.


DEAL STATS #
Overall 8 of 16
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 8 of 15
State: North Carolina M&A 2 of 3
Country: United States M&A 8 of 15
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 Soyring Consulting

St. Petersburg, Florida, United States

Soyring Consulting is an operations and management consulting firm focused on performance and process improvement. Soyring Consulting was established in 2003 and is headquartered in St. Petersburg, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-12 Healthstream - Patient Experience & Engagement Businesses

Nashville, Tennessee, United States

Healthstream, Inc. - Patient Experience & Engagement Businesses provides its industry-leading solutions to these health care organizations.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

Boston Millenia Partners is a growth capital investment firm focused rapidly growing business services and healthcare companies. The Firm generally looks to invest $3 to $10 million in companies at or near profitability with $3 to $30 million in sales. Boston Millenia's geographic preference is for opportunities in the Eastern half of the US. Boston Millenia Partners was formed in 1984 and has a single office in Boston.


DEAL STATS #
Overall 10 of 15
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 6 of 10
State: North Carolina M&A 1 of 1
Country: United States M&A 10 of 15
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-30 Odyssey Logistics

Danbury, Connecticut, United States

Odyssey Logistics is a provider of multi-modal transportation solutions and outsourced transportation management. Odyssey specializes in shipping chemicals, metals and bulk liquids, and can serve all modes of transportation through operations in North America, Europe and Asia. Odyssey Logistics was founded in 2003 and is based in Danbury, Connecticut.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-24 Forefront Telecare

Hamilton, New Jersey, United States

Forefront Telecare is a provider of behavioral services via Telehealth to vulnerable populations across the country, with a focus on high acuity psychiatric patients in rural markets, Forefront offers services to hospitals, skilled nursing facilities, and clinics that have limited access to behavioral health practitioners. Forefront Telecare was founded in 2010 and is based in Hamilton, New Jersey.

Buy -