Add-on Acquisition • Software

Sandata Acquires Solana

On October 12, 2020, Sandata acquired software company Solana

Acquisition Context

This is Sandata’s 2nd transaction in the Software sector.
This is Sandata’s 2nd transaction in the United States.
This is Sandata’s 1st transaction in Ohio.

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M&A Deal Summary
Date	October 12, 2020
Target	Solana
Sector	Software
Buyer(s)	Sandata
Deal Type	Add-on Acquisition

Target Company

Solana

Wauseon, Ohio, United States

Solana is a software and business services company serving I/DD and home care agencies. Solana helps agencies adapt to sudden rule changes, complex operational requirements, and improve financial performance and ROI. Through streamlining administrative work, agencies increase revenue and profits while delivering excellent care for the medically fragile.

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Buyer Overview 1

Buyer

Sandata

Hicksville, New York, United States

Category	Company
Founded	1978
Sector	Information Technology

DESCRIPTION

Sandata is a provider of information technology solutions and services, which include scheduling, time and attendance, billing, payroll, compliance, and clinical applications, for the home healthcare industry. Sandata was founded in 1978 and is based in Hicksville, New York.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Software	2 of 2
Type: Add-on Acquisition	2 of 2
State: Ohio	1 of 1
Country: United States	2 of 2
Year: 2020	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2008-02-21	TeleTimecard Rochester, Minnesota, United States TeleTimecard is an application service provider (ASP) of telephonic time and attendance solutions to track offsite workers. TeleTimecard is based in Rochester, Minnesota.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2008-02-21

TeleTimecard

Rochester, Minnesota, United States

TeleTimecard is an application service provider (ASP) of telephonic time and attendance solutions to track offsite workers. TeleTimecard is based in Rochester, Minnesota.

Buy

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