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M&A Deal Summary

SAIGroup Acquires GetWellNetwork

On July 9, 2024, private equity firm SAIGroup acquired information technology company GetWellNetwork from Pamplona Capital Management - Private Equity

Acquisition Highlights
  • This is SAIGroup’s 1st transaction in the Information Technology sector.
  • This is SAIGroup’s 1st transaction in the United States.
  • This is SAIGroup’s 1st transaction in Maryland.

M&A Deal Summary
Date 2024-07-09
Target GetWellNetwork
Sector Information Technology
Buyer(s) SAIGroup
Sellers(s) Pamplona Capital Management - Private Equity
Deal Type Secondary Buyout
Advisor(s) Cain Brothers & Co. (Financial)
DLA Piper (Legal)

Target

GetWellNetwork

Bethesda, Maryland, United States
GetWellNetwork is a provider of patient engagement solutions that help health care providers engage, educate and empower patients along the care continuum. Our patient-centered platform, delivered across multiple technology platforms including mobile devices, computers and televisions, enables providers to implement a revolutionary care delivery model called Interactive Patient Care™ to improve performance and patient outcomes. The company further extends the value of existing IT investments by integrating seamlessly with electronic medical record and patient portal applications. GetWellNetwork was founded in 2000 and is based in Bethesda, Maryland.

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Buyer(S) 1

Buyer

SAIGroup

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2017
Size Large
Type Sector Focused
DESCRIPTION

SAIGroup is a private investment firm focused on backing companies with the potential to lead in enterprise?level AI solutions. SAIGroup's investment strategy targets majority and substantial minority stakes in software, data analytics, and tech?enabled services companies—especially those utilizing advanced AI in verticals such as retail, manufacturing, healthcare, and financial services. SAIGroup is headquartered in Palo?Alto, California.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

Pamplona Capital Management - Private Equity

London, United Kingdom

Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 11.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Pamplona Capital Management - Private Equity, is the private equity unit of asset manager Pamplona, which also provides hedge funds and hedge fund-of-funds products. Pamplona PE invests in 'market leading' companies in a variety of industry sectors. The Group will consider opportunities throughout North America and Europe. Pamplona PE was established in 2005 and is based in London and New York.

DEAL STATS #
Overall 24 of 24
Sector: Information Technology M&A 3 of 3
Type: Secondary Buyout M&A Deals 10 of 10
State: Maryland M&A 1 of 1
Country: United States M&A 12 of 12
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-01 Legacy.com

Chicago, Illinois, United States

Legacy.com is a commercial facilitator of online memorials. Legacy powers sympathy e-commerce solutions (e.g., flowers, cards, trees) as well as obituary publishing via its website, funeral home partners and digital news / media channels. Legacy.com was founded in 1998 and is based in Chicago, Illinois.

Sell -
Mergr

Solution for

Product

Company

Legal