M&A Deal Summary |
|
|---|---|
| Date | 2022-08-03 |
| Target | Kemberton |
| Sector | Information Technology |
| Buyer(s) | Revecore |
| Sellers(s) | LLR Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Goodwin Procter (Legal) |
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Revecore is a provider of specialty reimbursement solutions that identify and recover additional revenue for hospitals and health systems nationwide. Revecore's AcciClaim solution, led by the industry's leading team of specialized attorneys, revenue cycle experts and account resolution specialists, delivers improved revenue, increased patient satisfaction, and enhanced billing compliance from complex claims related to motor vehicle accidents and workers' compensation injuries. Revecore was founded in 1999 and is based in Franklin, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2022) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-03 |
Cura Revenue Cycle Management
Tampa, Florida, United States Cura Revenue Cycle Management is a specialized provider of underpayment recovery services to healthcare providers. Through the application of unique, proprietary technology solutions and deep industry expertise, Cura RCM solves complex revenue cycle challenges delivering collections in excess of $4 billion of reimbursement for over 1,000 hospitals. Cura Revenue Cycle Management is based in Tampa, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $30 to $150 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 69 of 76 |
| Sector (Information Technology) | 15 of 16 |
| Type (Add-on Acquisition) | 43 of 47 |
| State (Tennessee) | 3 of 3 |
| Country (United States) | 68 of 75 |
| Year (2022) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-01 |
LS Direct
Suffern, New York, United States LS Direct provides marketing solutions to retail and direct-to-consumer brands. The Company primarily helps brands realize superior lead conversion and ROI through programmatic direct mail and data services. LS Direct was founded in 1997 and is based in Suffern, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-16 |
Stratix
Norcross, Georgia, United States Stratix is a provider of outsourced Managed Mobile Service (MMS) solutions for many of the largest global brands within the retail, manufacturing, transportation and field service industries. Stratix has evolved from a data capture consulting services company to one of the largest national MMS providers with a comprehensive mobile service portfolio. The company leverages deep industry expertise, expansive service offerings and mobile specialization to provide consulting, deployment, software, 24x7 support and asset management services for the enterprise mobile workforce. Stratix was founded in 1983 and is based in Norcross, Georgia. |
Buy | - |
