Add-on Acquisition • Software

TapestryCare Acquires Telemedicine Web Services

On June 24, 2020, TapestryCare acquired software company Telemedicine Web Services

Acquisition Context

This is TapestryCare’s 1st transaction in the Software sector.
This is TapestryCare’s 1st transaction in the United States.
This is TapestryCare’s 1st transaction in Florida.

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M&A Deal Summary
Date	June 24, 2020
Target	Telemedicine Web Services
Sector	Software
Buyer(s)	TapestryCare
Deal Type	Add-on Acquisition

Target Company

Telemedicine Web Services

Florida, United States

Telemedicine Web Services, Inc. is a developer of telemedicine software technology. Telemedicine Web Services is based in Florida.

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Buyer Overview 1

Buyer

TapestryCare

Stratford, Connecticut, United States

Category	Company
Founded	2017
Sector	Healthcare Services

DESCRIPTION

TapestryHealth is a multi-specialty healthcare practice that utilizes advanced technology to bring the integrity of a medical center – including direct access to a team of physicians, specialists and behavioral health services – to the patient's bedside in skilled nursing facilities and other non-hospital environments. TapestryHealth was founded in 2017 and is based in Stratford, Connecticut.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2020	1 of 1

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