M&A Deal Summary

Virsys12 Acquires CRM Advantage

On July 26, 2017, Virsys12 acquired information technology company CRM Advantage

Acquisition Highlights
  • This is Virsys12’s 2nd transaction in the Information Technology sector.
  • This is Virsys12’s 3rd transaction in the United States.
  • This is Virsys12’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2017-07-26
Target CRM Advantage
Sector Information Technology
Buyer(s) Virsys12
Deal Type Add-on Acquisition

Target

CRM Advantage

Raleigh, North Carolina, United States
CRM Advantage is a certified consulting partner for salesforce.com®, engages in on-demand customer relationship management applications. Company also specialists in business process engineering, with consultants skilled at helping to operate more efficiently and stand out from the pack in a crowded marketplace. In each instance, company begin by fully understanding business and taking a holistic look at customer-facing operations.

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Buyer(S) 1

Buyer

Virsys12

Brentwood, Tennessee, United States

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

Virsys12 is a healthcare technology company that offers payers and health plans an innovative provider data management suite used for onboarding, credentialing, and network management. Virsys12 was founded in 2012 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: North Carolina M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-15 Gales Network

Nashville, Tennessee, United States

Gales Network LLC is a brand development firm specializing in entertainment, healthcare and technology. Gales Network LLC provides clarity, strategy and action to elevate you above the noise and beyond the competition.

Buy -