M&A Deal Summary

Sentrics Acquires Silversphere Technologies

On April 10, 2019, Sentrics acquired information technology company Silversphere Technologies

Acquisition Highlights
  • This is Sentrics’ 1st transaction in the Information Technology sector.
  • This is Sentrics’ 3rd transaction in the United States.
  • This is Sentrics’ 1st transaction in Florida.

M&A Deal Summary

Date 2019-04-10
Target Silversphere Technologies
Sector Information Technology
Buyer(s) Sentrics
Deal Type Add-on Acquisition

Target

Silversphere Technologies

Daytona Beach, Florida, United States
Silversphere, Inc. designs, manufacture, install and supports emergency call systems, nurse call systems, resident monitoring, and a suite of predictive health technologies and sensors that enhance the way people and organizations care for seniors worldwide.

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Buyer(S) 1

Buyer

Sentrics

Ormond Beach, Florida, United States

Category Company
Sector Information Technology
DESCRIPTION

Sentrics is a data-driven technology company focused on improving outcomes and experiences in the senior living industry. Sentrics provides the total well-being of each resident through actionable physical, medical, social, and mental data. Sentrics is based in Ormond Beach, Florida.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Florida M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 SeniorTV

Akron, Ohio, United States

SeniorTV is a provider of innovative solutions to the senior living industry, including high definition TV, resident Internet, community information channels, digital signage, fiber-optic bandwidth, live internal broadcasts and new Safe Phone fraud prevention telephone service. SeniorTV was founded in 1992 and is based in Akron, Ohio.

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