M&A Deal Summary

RLDatix Acquires Ecteon

On February 9, 2021, RLDatix acquired software company Ecteon

Acquisition Highlights
  • This is RLDatix’s 3rd transaction in the Software sector.
  • This is RLDatix’s 6th transaction in the United States.
  • This is RLDatix’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2021-02-09
Target Ecteon
Sector Software
Buyer(s) RLDatix
Deal Type Add-on Acquisition

Target

Ecteon

Brentwood, Tennessee, United States
Ecteon is a provider of contract management solutions for healthcare, insurance, life sciences and other industries. Ecteon's premier enterprise content management system, Contraxx, helps companies manage especially complex or rapidly evolving contracting requirements, often in highly regulated environments. Ecteon was founded in 1986 and is based in Brentwood, Tennessee.

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Buyer(S) 1

Buyer

RLDatix

Chicago, Illinois, United States

Category Company
Founded 1986
Sector Internet Software and Services
DESCRIPTION

RLDatix is a specialty healthcare governance, risk, compliance (GRC), and workforce management software provider. RLDatix’s suite of cloud-based software solutions enable customers to address daily GRC functions through its interconnected modular solutions, including incident and regulatory management, risk and compliance management, contract management, workforce management and vendor credentialing. RLDatix was founded in 1986 and is based in Chicago, Illinois.


DEAL STATS #
Overall 7 of 15
Sector: Software M&A 3 of 7
Type: Add-on Acquisition M&A Deals 5 of 13
State: Tennessee M&A 1 of 1
Country: United States M&A 6 of 9
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-21 Verge Health

Mount Pleasant, South Carolina, United States

Verge Health offers SaaS solutions that automate and streamline complex administrative processes in the hospital system. Verge Health was founded in 2001 and is based in Mount Pleasant, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-28 Allocate Software

Richmond, United Kingdom

Allocate Software is a provider of specialist workforce optimisation, organisational flow improvement, governance, risk & compliance software focused on helping our customers manage large, multi-skilled workforces in complex, fast changing environments. Allocate Software was established in 1991 and is based in Richmond, United Kingdom.

Buy -