M&A Deal Summary

Safeguard Acquires Zipnosis

On December 1, 2015, Safeguard acquired healthcare services company Zipnosis

Acquisition Highlights
  • This is Safeguard’s 1st transaction in the Healthcare Services sector.
  • This is Safeguard’s 10th transaction in the United States.
  • This is Safeguard’s 1st transaction in Minnesota.
Investment Fate
  • Zipnosis was divested to a consortium of strategic buyers in 2021.
  • Zipnosis was divested to a consortium of strategic buyers in 2023.

M&A Deal Summary

Date 2015-12-01
Target Zipnosis
Sector Healthcare Services
Buyer(s) Safeguard
Deal Type Add-on Acquisition

Target

Zipnosis

Minneapolis, Minnesota, United States
Zipnosis is a design technology healthcare company enabling traditional care models with an adaptive telemedicine solution that reduces costs, improves outcomes, and creates happier patients. Zipnosis evolves healthcare ecosystems and focused on innovation that improves the human experience for patients, providers, and healthcare organizations. Zipnosis was founded in 2008 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Safeguard

Radnor, Pennsylvania, United States

Category Company
Sector Financial Services
Employees30
Revenue 6M USD (2023)
DESCRIPTION

Safeguard is a provider of capital and operational expertise to emerging and growth-stage healthcare and technology enterprises that are developing innovative products and services.


DEAL STATS #
Overall 10 of 10
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: Minnesota M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-22 DriveFactor

Glen Allen, Vermont, United States

DriveFactor, Inc. is a driving data and analytics company, it provides a flexible platform for Usage-Based insurance (UBI) and accompanying programs. The company capture data by providing devices to drivers.

Buy $22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-03 Transactis

Charlotte, North Carolina, United States

Transactis, Inc. is a provider of proprietary, patent-pending TransactMail technology that allows secure online transactions to take place directly from an email client using SSL without the need to herd the consumer over to a browser where they may become frustrated with the need to start their transaction all over again. Transactis, Inc. was founded in 2001 and is based in Charlotte, North Carolina.

Sell -