M&A Deal Summary

Rhapsody Acquires Rhapsody & Population Health Businesses

On February 19, 2020, Rhapsody acquired software company Rhapsody & Population Health Businesses from HgCapital

Acquisition Highlights
  • This is Rhapsody’s 1st transaction in the Software sector.
  • This is Rhapsody’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2020-02-19
Target Rhapsody & Population Health Businesses
Sector Software
Buyer(s) Rhapsody
Sellers(s) HgCapital
Deal Type Merger

Target

Rhapsody & Population Health Businesses

Auckland, New Zealand
Rhapsody & Population Health Businesses business comprising Orion Health’s Rhapsody and Symphonia software products designed to integrate systems through the acquisition and exchange of data. Rhapsody & Population Health Businesses is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

Rhapsody

Boston, Massachusetts, United States

Category Company
Sector Information Technology
DESCRIPTION

Rhapsody partners with healthcare organizations around the globe delivering cutting-edge solutions to address interoperability challenges. Rhapsody is based in Boston, Massachusetts.


DEAL STATS #
Overall 2 of 3
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 2 of 2
Country: New Zealand M&A 1 of 1
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-19 Corepoint Health

Frisco, Texas, United States

Corepoint Health is a provider of an internal and external health data integration and exchange for hospitals, radiology centers, laboratories, and clinics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-27 Datica Integration Business

Minneapolis, Minnesota, United States

Datica Integration Business provides cloud hosted fully managed data integration solution.

Buy -

Seller(S) 1

SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.


DEAL STATS #
Overall 74 of 97
Sector: Software M&A 15 of 24
Type: Merger M&A Deals 4 of 5
Country: New Zealand M&A 1 of 1
Year: 2020 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-19 Rhapsody

Boston, Massachusetts, United States

Rhapsody partners with healthcare organizations around the globe delivering cutting-edge solutions to address interoperability challenges. Rhapsody is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-01 CINC Systems

Duluth, Georgia, United States

CINC Systems provides homeowners association accounting and property management software. CINC Systems offers transformational technology and services for the community association industry, redefining the way its clients and partners do business. CINC Systems was founded in 2005 and is based in Duluth, Georgia.

Buy -