M&A Deal Summary |
|
|---|---|
| Date | 2022-01-10 |
| Target | Cloudmed |
| Sector | Internet Software and Services |
| Buyer(s) | R1 RCM |
| Sellers(s) | New Mountain Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 4.1B USD |
| Advisor(s) | Barclays Investment Bank (Financial) Ropes & Gray (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Information Services |
| Employees | 29,400 |
| Revenue | 2.3B USD (2023) |
R1 RCM is a provider of services and technology to healthcare providers. The Company helps clients strengthen their financial stability and deliver better care at a more affordable cost to the communities they serve, increasing healthcare access for all. R1 RCM was founded in 2003 and is based in Murray, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 7 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 4 of 6 |
| State: Georgia M&A | 1 of 1 |
| Country: United States M&A | 5 of 6 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-04 |
VisitPay
Boise, Idaho, United States VisitPay is a cloud based digital payment solution provider. VisitPay was founded in 2010 and is based in Boise, Idaho. |
Buy | $300M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-06 |
Acclara Solutions
Houston, Texas, United States Acclara Solutions is a revenue cycle management firm that helps hospitals, health systems, and physician practices recover more revenue more quickly with services for patient financial responsibility, insurance reimbursement, and conversion assistance. Acclara Solutions is based in Houston, Texas. |
Buy | $675M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 1999 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 53 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 19 of 24 |
| State: Georgia M&A | 2 of 5 |
| Country: United States M&A | 38 of 50 |
| Year: 2022 M&A | 1 of 2 |
| Size (of disclosed) | 2 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-20 |
Alpine Intel
Charlotte, North Carolina, United States Alpine Intel is a provider of IT solutions for insurance underwriting and claims decisions. The company brands, which include HVACi, StrikeCheck, and JMI Reports, specialize in HVAC and electronics claims, as well as underwriting inspections for insurance professionals. Alpine Intel was founded in 2011 and is based in Charlotte, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-13 |
Covaris
Woburn, Massachusetts, United States Covaris develops, manufactures, and markets instruments, consumables, and reagents used in pre-analytical sample preparation for genomic and proteomic analysis to help accelerate the pace of research and life science innovations. Covaris is based in Woburn, Massachusetts. |
Buy | - |
