M&A Deal Summary

Streamline Health Solutions Acquires Avelead

On August 16, 2021, Streamline Health Solutions acquired internet software and services company Avelead for 20M USD

Acquisition Highlights
  • This is Streamline Health Solutions’ 1st transaction in the Internet Software and Services sector.
  • This is Streamline Health Solutions’ largest (disclosed) transaction.
  • This is Streamline Health Solutions’ 5th transaction in the United States.
  • This is Streamline Health Solutions’ 2nd transaction in Georgia.

M&A Deal Summary
Date 2021-08-16
Target Avelead
Sector Internet Software and Services
Buyer(s) Streamline Health Solutions
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Avelead

Suwanee, Georgia, United States
Avelead provides innovative technology solutions that automate and improve the revenue cycle in healthcare. Avelead's SaaS cloud-based platform provides hospitals and health systems with solutions focused on key areas of the Revenue Cycle: Patient Financial Services, Revenue Integrity, Revenue Optimization, and Cost Savings. Avelead's solutions allow providers to set the cruise control on their Clinically Driven Revenue Cycle. Avelead was founded in 2014 and is based in Suwanee, Georgia.

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Buyer(S) 1

Buyer

Streamline Health Solutions

Alpharetta, Georgia, United States
Category Company
Founded 1989
Sector Information Technology
Employees77
Revenue 23M USD (2024)
DESCRIPTION

Streamline Health Solutions is a provider of integrated solutions and analytics services supporting revenue cycle optimization for healthcare enterprises. Streamline Health Solutions was founded in 1989 and is based in Alpharetta, Georgia.

DEAL STATS #
Overall 5 of 5
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Georgia) 2 of 2
Country (United States) 5 of 5
Year (2021) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-25 Streamline Health Solutions - Enterprise Content Management

Atlanta, Georgia, United States

Streamline Health Solutions, Inc.'s Enterprise Content Management (ECM) provides organizations with unique, modular solutions that help them streamline their work processes and share information among their employees, business partners, and customers.

Sell $16M
Mergr

Product

Company

Legal