M&A Deal Summary

Sarnova Acquires R1 RCM - Emergency Medical Services Business

On July 20, 2020, Sarnova acquired information technology company R1 RCM - Emergency Medical Services Business from R1 RCM for 140M USD

Acquisition Highlights
  • This is Sarnova’s 1st transaction in the Information Technology sector.
  • This is Sarnova’s largest (disclosed) transaction.
  • This is Sarnova’s 5th transaction in the United States.
  • This is Sarnova’s 1st transaction in Illinois.

M&A Deal Summary
Date 2020-07-20
Target R1 RCM - Emergency Medical Services Business
Sector Information Technology
Buyer(s) Sarnova
Sellers(s) R1 RCM
Deal Type Divestiture
Deal Value 140M USD

Target

R1 RCM - Emergency Medical Services Business

Chicago, Illinois, United States
R1 RCM Inc.'s Emergency Medical Services Business includes EMS Revenue Cycle Management and Electronic Patient Care Reporting.

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Buyer(S) 1

Buyer

Sarnova

Dublin, Ohio, United States
Category Company
Founded 2008
Sector Distribution
Revenue 555M USD (2017)
DESCRIPTION

Sarnova is a U.S. specialty distributor of healthcare products for the emergency preparedness and acute care markets. The company is comprised of four major business units: Bound Tree Medical, Cardio Partners, Emergency Medical Products and Tri-anim Health Services. Sarnova was founded in 2008 and is based in Dublin, Ohio.

DEAL STATS #
Overall 5 of 6
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 2
Country (United States) 5 of 6
Year (2020) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-20 Digitech Computer

Chappaqua, New York, United States

Digitech offers comprehensive RCM services and technology solutions focused exclusively on the EMS market. Digitech serves municipalities, hospitals, and private ambulance customers through innovative technology, time-tested processes, and true partnerships with EMS clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Allied 100

Bannockburn, Illinois, United States

Allied 100 is a distributor and retailer of automated external defibrillators (AEDs), AED supplies and accessories, and advanced life support monitors. The company offers a comprehensive product selection via its dynamic websites and provides expert customer support to medical professionals and other users of these life-saving devices throughout North America. Allied 100 was established in 2002 and is based in Madison, Wisconsin.

Buy -

Seller(S) 1

SELLER

R1 RCM

Murray, Utah, United States
Category Company
Founded 2003
Sector Information Services
Employees29,400
Revenue 2.3B USD (2023)
DESCRIPTION

R1 RCM is a provider of services and technology to healthcare providers. The Company helps clients strengthen their financial stability and deliver better care at a more affordable cost to the communities they serve, increasing healthcare access for all. R1 RCM was founded in 2003 and is based in Murray, Utah.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-03 Cerner RevWorks

Missouri, United States

Cerner RevWorks provides revenue cycle management outsourcing to services business and commercial, non-federal client relationships.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 VisitPay

Boise, Idaho, United States

VisitPay is a cloud based digital payment solution provider. VisitPay was founded in 2010 and is based in Boise, Idaho.

Buy $300M
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