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  6. SwervePay Acquires StatPayMD

M&A Deal Summary

SwervePay Acquires StatPayMD

On April 5, 2016, SwervePay acquired information technology company StatPayMD

Acquisition Highlights
  • This is SwervePay’s 1st transaction in the Information Technology sector.
  • This is SwervePay’s 1st transaction in the United States.
  • This is SwervePay’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-04-05
Target StatPayMD
Sector Information Technology
Buyer(s) SwervePay
Deal Type Add-on Acquisition

Target

StatPayMD

Lombard, Illinois, United States
StatPayMD is a healthcare IT accelerator provides patients to understand “out-of-pocket” costs before and at care.

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Buyer(S) 1

Buyer

SwervePay

Lake Villa, Illinois, United States
Category Company
Founded 2010
Sector Software
DESCRIPTION

SwervePay LLC is a provider of enterprise software designed to automate complex workflows and accelerate revenue for clients in the healthcare industry as well as federal, state, and local governments and the accounts receivable management (ARM) market. SwervePay is based in Lake Villa, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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