M&A Deal Summary

PX Solutions Acquires FlexITy Solutions - Patient Engagement & IT Solutions Businesses

On July 11, 2023, PX Solutions acquired information technology company FlexITy Solutions - Patient Engagement & IT Solutions Businesses from FlexITy

Acquisition Highlights
  • This is PX Solutions’ 1st transaction in the Information Technology sector.
  • This is PX Solutions’ 1st transaction in Canada.
  • This is PX Solutions’ 1st transaction in Ontario.

M&A Deal Summary

Date 2023-07-11
Target FlexITy Solutions - Patient Engagement & IT Solutions Businesses
Sector Information Technology
Buyer(s) PX Solutions
Sellers(s) FlexITy
Deal Type Divestiture

Target

FlexITy Solutions - Patient Engagement & IT Solutions Businesses

Richmond Hill, Ontario, Canada
FlexITy Solutions' Patient Engagement & IT Solutions Businesses provide healthcare technology solutions.

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Buyer(S) 1

Buyer

PX Solutions

Markham, Ontario, Canada

Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

PX Solutions provides a suite of patient-centric solutions that integrate interactive mobile applications, secure Health IT and data, and optimize healthcare management. The Company offers the technologies and solutions to achieve better outcomes for Healthcare in Canada, bringing leading-edge applications, infrastructure and services functioning together to connect the patients, families and clinicians along the patient's healthcare journey. PX Solutions was founded in 2008 and is based in Markham, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

FlexITy

Richmond Hill, Ontario, Canada

Category Company
Sector Information Technology
DESCRIPTION

FlexITy is an integrator of smart technology and service solutions that are built on powerful and digitally advanced secure platforms, across multiple industry sectors with particular emphasis on patient-centric modernizations designed for Canadian healthcare. FlexITy is based in Richmond Hill, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Genesis Integration - Healthcare Division

Edmonton, Alberta, Canada

Genesis Integration's Healthcare Division is a provider of nursecall systems. Genesis Integration's Healthcare Division is based in Edmonton, Alberta.

Buy -