Add-on Acquisition • Software

Somatus Acquires Lumiata

On April 28, 2022, Somatus acquired software company Lumiata

Acquisition Context
  • This is Somatus’ 1st transaction in the Software sector.
  • This is Somatus’ 1st transaction in the United States.
  • This is Somatus’ 1st transaction in California.

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M&A Deal Summary

Date April 28, 2022
Target Lumiata
Sector Software
Buyer(s) Somatus
Deal Type Add-on Acquisition

Target Company

Lumiata

San Mateo, California, United States
Lumiata is a healthcare-specific AI platform. Lumiata was founded in 2013 and is based in San Mateo, California.
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Buyer Overview 1

Buyer

Somatus

McLean, Virginia, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Somatus is a nephrology and primary care company provides health plans, and health systems to integrated care for patients with, or at risk of developing, kidney disease. Somatus


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1