M&A Deal Summary

Receivables Management Partners Acquires AR Logix

On December 31, 2015, Receivables Management Partners acquired information technology company AR Logix

Acquisition Highlights
  • This is Receivables Management Partners’ 1st transaction in the Information Technology sector.
  • This is Receivables Management Partners’ 1st transaction in the United States.
  • This is Receivables Management Partners’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2015-12-31
Target AR Logix
Sector Information Technology
Buyer(s) Receivables Management Partners
Deal Type Add-on Acquisition

Target

AR Logix

Reading, Pennsylvania, United States
AR Logix, Inc. is a healthcare revenue cycle management (RCM) business. Company delivers its services to hospitals and physician offices throughout the Northeast. Company provided services to over 5,500 medical providers, billing companies and hospitals in the service areas of early out/BPO, third party collections and/or educational training.

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Buyer(S) 1

Buyer

Receivables Management Partners

Greensburg, Indiana, United States

Category Company
Sector Business Services
DESCRIPTION

Receivables Management Partners is a licensed and bonded accounts receivable management company. The Company specializes in the healthcare space, collecting on a first-party and third-party basis for leading hospitals and physician groups throughout the Midwest. Receivables Management Partners is based in Greensburg, Indiana.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1