Add-on Acquisition • Healthcare Services

Press Ganey Acquires Soyring Consulting

On July 10, 2017, Press Ganey acquired healthcare services company Soyring Consulting

Acquisition Context
  • This is Press Ganey’s 4th transaction in the Healthcare Services sector.
  • This is Press Ganey’s 7th transaction in the United States.
  • This is Press Ganey’s 2nd transaction in Florida.

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M&A Deal Summary

Date July 10, 2017
Target Soyring Consulting
Sector Healthcare Services
Buyer(s) Press Ganey
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 7 of 16
Sector: Healthcare Services 4 of 4
Type: Add-on Acquisition 7 of 15
State: Florida 2 of 2
Country: United States 7 of 15
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Avatar International

Lake Mary, Florida, United States

Avatar International LLC is a patient experience and employee engagement company. Avatar Solutions’ survey research programs helped organizations advance their missions by capturing and mobilizing the feedback of key stakeholders.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-16 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.

Buy -