M&A Deal Summary

The TriZetto Group Acquires Gateway EDI

On February 22, 2011, The TriZetto Group acquired business services company Gateway EDI from ABRY Partners

Acquisition Highlights
  • This is The TriZetto Group’s 1st transaction in the Business Services sector.
  • This is The TriZetto Group’s 2nd transaction in the United States.
  • This is The TriZetto Group’s 1st transaction in Missouri.

M&A Deal Summary
Date 2011-02-22
Target Gateway EDI
Sector Business Services
Buyer(s) The TriZetto Group
Sellers(s) ABRY Partners
Deal Type Add-on Acquisition
Advisor(s) Aeris Partners LLC (Financial)

Target

Gateway EDI

St. Louis, Missouri, United States
Electronic claims processing provider for over 40,000 physicians nationwide.

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Buyer(S) 1

Buyer

The TriZetto Group

Denver, Colorado, United States
Category Company
Sector Software
DESCRIPTION
TriZetto office in Englewood, Colorado.
TriZetto office in Englewood, Colorado.

The TriZetto Group develops, licenses and manages software solutions for the US health insurance industry. The TriZetto Group is based in Denver, Colorado.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Missouri) 1 of 1
Country (United States) 2 of 2
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-27 Plan Data Management

New York, New York, United States

Plan Data Management, Inc. is a business solutions company provides software and services to the healthcare industry.

Buy -

Seller(S) 1

SELLER

ABRY Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 12.8B USD
Size Mega
Type Sector Focused
DESCRIPTION

ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.

DEAL STATS #
Overall 26 of 103
Sector (Business Services) 3 of 11
Type (Add-on Acquisition) 14 of 53
State (Missouri) 1 of 1
Country (United States) 26 of 88
Year (2011) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-05 Trover Solutions

Louisville, Kentucky, United States

Trover Solutions, Inc. is a independent provider of comprehensive cost containment services and software to the private healthcare payor and property and casualty industries. integrated systems and processes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-10 Datapipe

Jersey City, New Jersey, United States

Datapipe provides application management, hosting, professional services and security services for mid to large-sized organizations. Datapipe was formed in 1998 and is headquartered in Jersey City, New Jersey.

Buy -
Mergr

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